DL Holdings Group Limited Announces Share Placement and Subscription to Raise HK$653.30 Million

The latest announcement is out from DL Holdings Group Limited ( (HK:1709) ).

DL Holdings Group Limited announced a strategic financial maneuver involving the placing of existing shares and a top-up subscription of new shares under a general mandate, along with a connected transaction for new shares under a specific mandate. This initiative is expected to raise approximately HK$653.30 million, potentially enhancing the company’s capital base and market positioning.

More about DL Holdings Group Limited

DL Holdings Group Limited is a company incorporated in the Cayman Islands, operating in the financial sector. It is involved in securities and capital market activities, focusing on share placements and subscriptions.

Average Trading Volume: 49,493,768

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.08B

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