China State Construction International Holdings ( (HK:3311) ) has issued an update.
China State Construction International Holdings Limited has completed a subscription of new shares under a general mandate, issuing 244,600,000 shares at HK$12.26 each, raising approximately HK$2,999 million. This move increases the Subscriber Group’s shareholding to 8.02% and is intended to support the company’s disclosed purposes, impacting its shareholding structure and potentially its market positioning.
More about China State Construction International Holdings
China State Construction International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in construction and infrastructure development. It operates in the construction industry, focusing on projects in Hong Kong and other regions.
YTD Price Performance: -1.20%
Average Trading Volume: 4,325
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.31B
For detailed information about 3311 stock, go to TipRanks’ Stock Analysis page.