Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Elife Holdings Limited ( (HK:0223) ) has provided an update.
Elife Holdings Limited has clarified its earlier disclosure regarding a proposed placing of new shares, stating that the issuance will no longer be conducted under the existing general mandate previously approved by shareholders, but instead will require a new specific mandate to be obtained at an extraordinary general meeting. The company has entered into a supplemental placing agreement with its placing agent to amend the original terms so the placing is carried out under this specific mandate, with a circular detailing the revised arrangements and EGM notice to be sent to shareholders, while cautioning investors that completion remains subject to conditions precedent and the placing may or may not proceed.
More about Elife Holdings Limited
Average Trading Volume: 5,151,049
Technical Sentiment Signal: Sell
Current Market Cap: HK$166.2M
Find detailed analytics on 0223 stock on TipRanks’ Stock Analysis page.