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An announcement from Eminence Enterprise Limited ( (HK:0616) ) is now available.
Eminence Enterprise Limited announced a supplemental update regarding the placing of new shares under a general mandate. The placing period is set to terminate on 19 December 2025, and placees are restricted from disposing of shares before 22 April 2026. The net proceeds will be allocated to the company’s general working capital, with 6% for professional fees, 35% for staff salaries, and 59% for utilities and other expenses. Stakeholders are advised to exercise caution as the completion of the placing is subject to certain conditions.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 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, listed on the Hong Kong Stock Exchange under stock code 616. The company operates in an unspecified industry, focusing on general business operations.
Average Trading Volume: 9,945,283
Technical Sentiment Signal: Buy
Current Market Cap: HK$557.6M
For a thorough assessment of 0616 stock, go to TipRanks’ Stock Analysis page.