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Feiyang International Holdings Group Limited ( (HK:1901) ) has issued an announcement.
Feiyang International Holdings Group Limited announced the subscription of 166,400,000 new shares under a general mandate, representing 20% of its existing share capital. The proceeds, amounting to approximately HK$33 million, will be used for business development in emerging technology sectors and general working capital, potentially impacting its market position and operational capabilities.
More about Feiyang International Holdings Group Limited
Feiyang International Holdings Group Limited is a company incorporated in the Cayman Islands, focusing on industries such as real-world assets, digital asset trading, blockchain, artificial intelligence, and other emerging technology projects.
Average Trading Volume: 3,324,777
Technical Sentiment Signal: Buy
Current Market Cap: HK$212.2M
See more data about 1901 stock on TipRanks’ Stock Analysis page.