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An announcement from Daido Group Limited ( (HK:0544) ) is now available.
Daido Group Limited has announced a special general meeting to approve two conditional subscription agreements with China Aviation Development Limited and Voyage Capital Holdings Limited. Each agreement involves the issuance of 2,500,000 shares at a subscription price of HK$2.00 per share. This move is aimed at raising capital and potentially enhancing the company’s financial position and market presence.
The most recent analyst rating on (HK:0544) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Daido Group Limited stock, see the HK:0544 Stock Forecast page.
More about Daido Group Limited
Daido Group Limited is a company incorporated in Bermuda, operating in the financial sector. It focuses on issuing shares and engaging in subscription agreements to raise capital.
Average Trading Volume: 216,802
Technical Sentiment Signal: Buy
Current Market Cap: HK$69.28M
Find detailed analytics on 0544 stock on TipRanks’ Stock Analysis page.