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An announcement from Concord Healthcare Group Co., Ltd. Class H ( (HK:2453) ) is now available.
Concord Healthcare Group Co., Ltd. has entered into a Placing Agreement with Guotai Junan Securities (Hong Kong) Limited to issue 48,723,600 new shares at a price of HK$5.54 per share. This move is expected to raise approximately HK$258.78 million in net proceeds, which will enhance the company’s capital base. The Placing Price represents a significant discount to recent trading prices, potentially impacting shareholder value. The transaction does not require shareholder approval and is subject to conditions outlined in the Placing Agreement.
More about Concord Healthcare Group Co., Ltd. Class H
Concord Healthcare Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the healthcare industry. The company focuses on providing healthcare services and products, although specific details about its market focus or primary products are not provided in the announcement.
Average Trading Volume: 14,747,918
Technical Sentiment Signal: Sell
See more data about 2453 stock on TipRanks’ Stock Analysis page.