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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.