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China Ruyi Holdings Limited ( (HK:0136) ) has provided an announcement.
China Ruyi Holdings Limited has entered into a second supplemental agreement concerning the issuance of new shares under a general mandate. This agreement involves the allocation of 910 million subscription shares into two tranches, with Infini Global Master Fund designated as the subscriber. The agreement removes the requirement for the subscriber to obtain consent from its limited partners, potentially streamlining the process and impacting the company’s capital structure and market positioning.
The most recent analyst rating on (HK:0136) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on China Ruyi Holdings Limited stock, see the HK:0136 Stock Forecast page.
More about China Ruyi Holdings Limited
Average Trading Volume: 99,695,978
Technical Sentiment Signal: Buy
Current Market Cap: HK$47.4B
For an in-depth examination of 0136 stock, go to TipRanks’ Overview page.