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Glory Sun Financial Group Limited ( (HK:1282) ) has provided an update.
Glory Sun Financial Group Limited has announced a placement of up to 2.32 billion new shares, representing a significant portion of its existing share capital, with the aim of raising approximately HK$297 million. The proceeds are intended for repaying borrowings and general working capital, with the placement subject to shareholder approval and regulatory conditions.
More about Glory Sun Financial Group Limited
Glory Sun Financial Group Limited operates within the financial services industry, focusing on securities trading and investment management. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 2,513,418
Technical Sentiment Signal: Hold
Current Market Cap: HK$404.7M
See more insights into 1282 stock on TipRanks’ Stock Analysis page.