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Fire Rock Holdings Explores New Share Placement to Boost Gaming Ventures

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Fire Rock Holdings Explores New Share Placement to Boost Gaming Ventures

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Fire Rock Holdings Ltd ( (HK:1909) ) just unveiled an announcement.

Fire Rock Holdings Ltd announced preliminary discussions for a possible placing of new shares to support its business operations, including game development and investment in Southeast Asia. The company aims to issue up to 38,400,000 new shares to independent third parties under a general mandate, though no formal agreements have been made yet.

More about Fire Rock Holdings Ltd

Fire Rock Holdings Ltd is involved in the gaming industry, focusing on establishing research and development teams and publishing games in Southeast Asia. The company also invests in games and internet projects that align with its business operations.

Average Trading Volume: 48,817

Technical Sentiment Signal: Sell

Current Market Cap: HK$345.6M

For detailed information about 1909 stock, go to TipRanks’ Stock Analysis page.

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