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GCL New Energy Holdings ( (HK:0451) ) just unveiled an update.
GCL New Energy Holdings Limited announced additional details regarding the use of proceeds from its 2022 Placing, which raised approximately HK$310 million. The funds were fully utilized by the end of 2024, primarily for investment and development in natural gas, LNG, and integrated energy projects, as well as for general working capital. Additionally, the company provided further information on its 2024 Share Option Scheme, specifying the eligibility of participants, which includes employees and certain service providers, while excluding financial advisers and professional service providers.
More about GCL New Energy Holdings
GCL New Energy Holdings Limited is a company incorporated in Bermuda, focusing on the energy sector. Its primary products and services include investment, research and development of natural gas, LNG, and integrated energy project management, as well as operation and maintenance services for various energy sectors.
Average Trading Volume: 4,269,361
Technical Sentiment Signal: Buy
Current Market Cap: HK$699.4M
For an in-depth examination of 0451 stock, go to TipRanks’ Overview page.