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Golden Ponder Holdings Limited ( (HK:1783) ) has shared an announcement.
Golden Ponder Holdings Limited has announced a subscription agreement for new shares under a general mandate. The company plans to issue 50 million new shares, representing about 1.75% of the enlarged share capital, to raise approximately HK$154.9 million in net proceeds. These funds are intended for the Sales Cooperation Project and the EcoPark Project. The completion of the subscription is subject to certain conditions, including approval from the Stock Exchange’s Listing Committee.
The most recent analyst rating on (HK:1783) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Golden Ponder Holdings Limited stock, see the HK:1783 Stock Forecast page.
More about Golden Ponder Holdings Limited
Average Trading Volume: 5,043,446
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.67B
See more data about 1783 stock on TipRanks’ Stock Analysis page.