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Dashan Education Holdings Limited ( (HK:9986) ) has provided an announcement.
Dashan Education Holdings Limited has entered into a Placing Agreement with China Sunrise Securities to offer up to 40 million new shares at HK$1.23 each, representing a 19% discount to recent trading prices. The proceeds, estimated at HK$48.65 million after expenses, will be used primarily for expanding the company’s consulting services and general working capital, aiming to strengthen its financial position and broaden its shareholder base.
More about Dashan Education Holdings Limited
Dashan Education Holdings Limited operates in the education sector, focusing on providing consulting services such as brand empowerment, promotion, operation, and management.
Average Trading Volume: 1,331,366
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.22B
For detailed information about 9986 stock, go to TipRanks’ Stock Analysis page.