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Envision Greenwise Expands with New Share Subscription

Envision Greenwise Expands with New Share Subscription

Golden Ponder Holdings Limited (HK:1783) has released an update.

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Envision Greenwise Holdings Limited has successfully completed a subscription of 21,553,000 new shares under a general mandate, raising approximately HK$129.2 million. The proceeds will be allocated towards the EcoPark Project, the company’s RMAA business, and general working capital. This strategic move slightly alters the company’s shareholding structure, with the new shares accounting for about 1.58% of the total issued shares.

For further insights into HK:1783 stock, check out TipRanks’ Stock Analysis page.

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