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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 to issue 18,600,000 new shares at a price of HK$5.38 each, representing a discount to recent market prices. This move is expected to generate approximately HK$93.94 million in net proceeds, which will enhance the company’s financial position without requiring shareholder approval, as the shares are issued under a General Mandate.
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 is listed on the Hong Kong Stock Exchange and focuses on providing healthcare services and products.
Average Trading Volume: 2,059,049
Technical Sentiment Signal: Sell
For an in-depth examination of 2453 stock, go to TipRanks’ Stock Analysis page.