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F.F.I. Holdings Announces Entitlement Offer to Raise $11 Million

Story Highlights
  • F.F.I. Holdings Ltd announced a non-renounceable entitlement offer at $3.50 per share.
  • The offer aims to raise $11 million for property development, equipment, and debt repayment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
F.F.I. Holdings Announces Entitlement Offer to Raise $11 Million

Confident Investing Starts Here:

F.F.I. Holdings Ltd. ( (AU:FFI) ) has issued an update.

F.F.I. Holdings Ltd announced a non-renounceable entitlement offer at $3.50 per share, aiming to raise up to approximately $11 million. The offer, initially stated to be fully underwritten, has been corrected to clarify that it will not be underwritten. The funds raised will be allocated towards investment property development, purchasing plant and equipment, debt repayment, and working capital.

More about F.F.I. Holdings Ltd.

Average Trading Volume: 1,097

Technical Sentiment Signal: Buy

Current Market Cap: A$44.59M

For detailed information about FFI stock, go to TipRanks’ Stock Analysis page.

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