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Eminence Enterprise Limited ( (HK:0616) ) has provided an announcement.
Eminence Enterprise Limited has announced a placing of new shares under a general mandate, appointing Constance Capital Limited as the placing agent. The placing involves up to 20,000,000 shares at HK$0.30 each, representing approximately 1.20% of the company’s issued share capital. The placing agent, a subsidiary of Easyknit, is considered a connected person, and the transaction is expected to impact the company’s shareholding structure, potentially increasing Easyknit’s control to 21.46% if conversion shares are fully converted.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
More about Eminence Enterprise Limited
Eminence Enterprise Limited is a company incorporated in Bermuda with limited liability, operating under the stock code 616. The company is involved in financial activities, focusing on the issuance and management of securities.
Average Trading Volume: 9,532,598
Technical Sentiment Signal: Buy
Current Market Cap: HK$507.7M
See more insights into 0616 stock on TipRanks’ Stock Analysis page.