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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.