Crown International Corporation Limited (HK:0727) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Crown International Corporation Limited announced the results of its one-for-two rights issue, which was oversubscribed by approximately 7.53%. The company received a total of 1,899,425,674 valid acceptances and applications, exceeding the maximum number of shares offered. Allocation of excess rights shares was made on a fair and equitable basis, ensuring compliance with regulatory requirements.
For further insights into HK:0727 stock, check out TipRanks’ Stock Analysis page.