Global Sweeteners Holdings Limited (HK:3889) has released an update.
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Global Sweeteners Holdings Limited has entered into agreements to issue 41 million new shares at a price of HK$0.1 each, representing a 2.12% increase in issued shares. The shares will be subscribed by independent investors, with no single investor acquiring 5% or more of the total shares. This move highlights the company’s strategic efforts to enhance its capital base.
For further insights into HK:3889 stock, check out TipRanks’ Stock Analysis page.