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An announcement from Colour Life Services Group Co ( (HK:1778) ) is now available.
Colour Life Services Group Co., Limited has announced a proposed rights issue to raise gross proceeds of up to approximately HK$62.80 million by issuing rights shares to qualifying shareholders. The issue is on a non-underwritten basis and aims to strengthen the company’s financial position without needing shareholder approval due to compliance with listing rules. This strategic financial maneuver could help bolster the company’s market position and operational capacity.
More about Colour Life Services Group Co
Colour Life Services Group Co., Limited operates in the property management industry, providing various services and solutions to enhance community living environments. It is incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange.
YTD Price Performance: -5.17%
Average Trading Volume: 1,570,639
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$245.1M
See more data about 1778 stock on TipRanks’ Stock Analysis page.