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An update from DTXS Silk Road Investment Holdings Company Limited ( (HK:0620) ) is now available.
DTXS Silk Road Investment Holdings Company Limited has announced the placement of 66,800,000 new shares under a general mandate at a price of HK$0.60 per share. This placement, facilitated by Cheong Lee Securities Limited, represents approximately 9.10% of the company’s existing issued share capital and 8.34% of the enlarged share capital. The proceeds from this share placement are expected to support the company’s strategic initiatives and strengthen its market position. However, the completion of the placement is contingent upon the fulfillment of certain conditions, and investors are advised to exercise caution.
More about DTXS Silk Road Investment Holdings Company Limited
DTXS Silk Road Investment Holdings Company Limited is a company incorporated in Bermuda with limited liability, operating under the stock code 620. The company is involved in investment activities, with a focus on leveraging opportunities along the Silk Road economic belt.
Average Trading Volume: 2,296,280
Technical Sentiment Signal: Buy
Current Market Cap: HK$393.8M
Learn more about 0620 stock on TipRanks’ Stock Analysis page.