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F.F.I. Holdings Ltd. ( (AU:FFI) ) just unveiled an announcement.
F.F.I. Holdings Ltd. has announced the completion of the despatch of entitlement offer documents to eligible shareholders. The non-renounceable entitlement offer aims to raise approximately $11 million through the issuance of new shares at $3.50 each, with the funds intended for expanding the company’s food manufacturing operations and property investments. The offer is available to eligible shareholders, with a closing date set for June 17, 2025. This move is expected to strengthen F.F.I. Holdings’ market position and support its growth strategy.
More about F.F.I. Holdings Ltd.
F.F.I. Holdings Ltd. operates in the food manufacturing industry, focusing on expanding its operations and property investments. The company is listed on the Australian Securities Exchange (ASX) and is involved in providing food products and related services.
Average Trading Volume: 1,402
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$51.24M
See more insights into FFI stock on TipRanks’ Stock Analysis page.