Graphex Group Limited Announces Rights Issue Results and Compensatory Arrangements

Graphex Group Limited ( (HK:6128) ) has issued an update.

Graphex Group Limited announced the results of its Rights Issue, revealing that only 9.2% of the offered Rights Shares were subscribed, leaving 90.8% unsubscribed. The company has arranged to offer these Unsubscribed Rights Shares to independent third-party investors through a Placing Agent on a best effort basis, with any net gain to be distributed pro-rata to shareholders who did not take action.

More about Graphex Group Limited

Graphex Group Limited is a company incorporated in the Cayman Islands, primarily involved in the financial sector. The company is listed on the Hong Kong Stock Exchange and engages in activities related to securities and financial advisory services.

YTD Price Performance: 69.23%

Average Trading Volume: 2,299,198

Technical Sentiment Signal: Buy

Current Market Cap: HK$206.6M

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