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Confidence Intelligence Completes HK$13.1 Million Share Placement

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Confidence Intelligence Completes HK$13.1 Million Share Placement

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Confidence Intelligence Holdings Limited ( (HK:1967) ) has shared an update.

Confidence Intelligence Holdings Limited has successfully completed the placing of 50,000,000 new shares under a general mandate, raising approximately HK$13.1 million. The proceeds will be used for acquiring new machinery, repaying bank borrowings, and general working capital, impacting the company’s shareholding structure by increasing the public shareholding percentage.

More about Confidence Intelligence Holdings Limited

Average Trading Volume: 334,967

Technical Sentiment Signal: Hold

Current Market Cap: HK$105M

For detailed information about 1967 stock, go to TipRanks’ Stock Analysis page.

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