tiprankstipranks
Trending News
More News >

Crown International Completes Major Share Subscription to Fund Expansion

Story Highlights
Crown International Completes Major Share Subscription to Fund Expansion

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Crown International Corporation Limited ( (HK:0727) ).

Crown International Corporation Limited has successfully completed the subscription of 1,059,870,000 new shares under its General Mandate, which has raised approximately HK$93,000,000. The net proceeds will be used for expanding its premium white spirit retail network and general working capital, with the subscription representing a significant 16.67% of the company’s enlarged share capital.

More about Crown International Corporation Limited

Crown International Corporation Limited, incorporated in Hong Kong, operates in the retail industry with a focus on expanding its premium white spirit retail network.

YTD Price Performance: -27.27%

Average Trading Volume: 4,629,551

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$423.9M

Learn more about 0727 stock on 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