Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest update is out from Eternity Investment Limited ( (HK:0764) ).
Eternity Investment Limited has completed a placing of 20 million new shares under its general mandate at HK$1.00 per share, raising net proceeds of approximately HK$19.6 million from at least six placees. The company plans to use about HK$15 million of the funds to repay bank and other financial institution borrowings, with the remaining HK$4.6 million earmarked for general working capital, including staff costs and professional fees, resulting in a modest dilution of existing shareholders and an increase in total issued shares from 382.86 million to 402.86 million.
The most recent analyst rating on (HK:0764) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Eternity Investment Limited stock, see the HK:0764 Stock Forecast page.
More about Eternity Investment Limited
Eternity Investment Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange (Stock Code: 764). The group operates as an investment holding company, with its shares broadly held by a mix of controlling shareholders and public investors in the Hong Kong capital market.
Average Trading Volume: 134,528
Technical Sentiment Signal: Buy
Current Market Cap: HK$405.8M
See more insights into 0764 stock on TipRanks’ Stock Analysis page.