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Golden Ponder Holdings Limited ( (HK:1783) ) has shared an update.
Golden Ponder Holdings Limited has announced the conditional agreement to issue new shares under a general mandate, involving the subscription of 12,263,000 shares by CMB International Global Products Limited and Victoria Sight Capital Limited. The issuance represents a small percentage of the company’s total issued shares and is expected to raise approximately HK$99,230,300 in net proceeds, which will be used for the EcoPark Project, RMAA works, and general working capital. The completion of these agreements is contingent upon certain conditions, including approval from the Stock Exchange’s Listing Committee.
More about Golden Ponder Holdings Limited
Average Trading Volume: 1,852,339
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.21B
Find detailed analytics on 1783 stock on TipRanks’ Stock Analysis page.