tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CMMB Vision Holdings Announces Rights Issue to Raise HK$174.34 Million

Story Highlights
CMMB Vision Holdings Announces Rights Issue to Raise HK$174.34 Million

TipRanks Cyber Monday Sale

The latest update is out from CMMB Vision Holdings ( (HK:0471) ).

CMMB Vision Holdings, through its subsidiary Silkwave Inc, has announced a proposed rights issue to raise up to approximately HK$174.34 million. This initiative aims to bolster technology development, infrastructure enhancement, and business operations, with funds allocated for technology development, trading business, operational team strengthening, marketing, and potential investment opportunities.

The most recent analyst rating on (HK:0471) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on CMMB Vision Holdings stock, see the HK:0471 Stock Forecast page.

More about CMMB Vision Holdings

Average Trading Volume: 1,480,115

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$80.36M

For detailed information about 0471 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1