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Greenheart Group Announces Rights Issue and Board Lot Size Change

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Greenheart Group Announces Rights Issue and Board Lot Size Change

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Greenheart Group ( (HK:0094) ) has provided an update.

Greenheart Group Limited has announced a proposed rights issue to raise up to HK$33,668,088 by offering one rights share for every two existing shares at a price of HK$0.0363 per share. The rights issue is not underwritten and will proceed irrespective of the level of acceptance, with any unsubscribed shares to be placed to independent placees on a best effort basis. Additionally, the company plans to change its board lot size for trading from 2,000 shares to 80,000 shares, effective July 9, 2025. This move is expected to impact trading liquidity and shareholder engagement.

More about Greenheart Group

Greenheart Group Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company is involved in the forestry industry, focusing on sustainable forest management and timber production.

Average Trading Volume: 667,255

Technical Sentiment Signal: Sell

Current Market Cap: HK$68.63M

See more data about 0094 stock on TipRanks’ Stock Analysis page.

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