Green Future Food Hydrocolloid Marine Science Co., Ltd. (HK:1084) has released an update.
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Green Future Food Hydrocolloid Marine Science Co., Ltd. has entered into an agreement to issue 40 million new shares at HK$0.81 each, a slight premium over recent closing prices, aiming to raise about HK$32.4 million. The funds are intended for expanding research and development as well as for general corporate purposes, pending the satisfaction of certain conditions. Investors are cautioned that the completion of the subscription is not guaranteed and are advised to trade carefully.
For further insights into HK:1084 stock, check out TipRanks’ Stock Analysis page.