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Extrawell Pharmaceutical Holdings Limited ( (HK:0858) ) has provided an announcement.
Extrawell Pharmaceutical Holdings Limited has announced the issuance of new shares under a general mandate. The company has entered into three separate subscription agreements with different subscribers, resulting in the conditional agreement to issue a total of 160,000,000 new shares at a price of HK$0.097 per share. This move is expected to slightly dilute the existing share capital but could provide the company with additional capital for its operations. The completion of these subscriptions is contingent upon certain conditions being met, and stakeholders are advised to exercise caution.
More about Extrawell Pharmaceutical Holdings Limited
Average Trading Volume: 17,008,730
Technical Sentiment Signal: Buy
Current Market Cap: HK$291.6M
For detailed information about 0858 stock, go to TipRanks’ Stock Analysis page.