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Daido Group Limited ( (HK:0544) ) just unveiled an announcement.
Daido Group Limited has announced the completion of Subscription Agreement C, resulting in the issuance of 1,934,069 shares at HK$0.4801 per share. Additionally, the company has issued convertible bonds worth HK$45,000,000. The completion of Subscription Agreements A and B is expected by 25 July 2025. These financial maneuvers will alter the company’s shareholding structure, significantly increasing the stake of Subscriber A and CB Subscriber A.
More about Daido Group Limited
Average Trading Volume: 136,772
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$18.86M
For a thorough assessment of 0544 stock, go to TipRanks’ Stock Analysis page.