tiprankstipranks

DevGreat Group Completes Share Subscription, Alters Shareholder Structure

Story Highlights
  • DevGreat Group Limited operates in real estate, focusing on development and investment.
  • Completion of share subscription gives subscriber 16.67% of company’s share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DevGreat Group Completes Share Subscription, Alters Shareholder Structure

Don’t Miss TipRanks’ Half-Year Sale

Shanghai Zendai Property Ltd. ( (HK:0755) ) has shared an announcement.

DevGreat Group Limited has announced the completion of a connected transaction involving the subscription of new shares under a specific mandate. The completion of this subscription means that the subscriber now holds approximately 16.67% of the company’s enlarged issued share capital, potentially impacting the company’s shareholder structure and market positioning.

More about Shanghai Zendai Property Ltd.

DevGreat Group Limited, formerly known as Shanghai Zendai Property Limited, is a company incorporated in Bermuda with limited liability. It operates in the real estate industry, focusing on property development and investment.

YTD Price Performance: -46.00%

Average Trading Volume: 31,944

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$80.35M

For a thorough assessment of 0755 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1