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Hao Tian International Construction Investment Group Limited ( (HK:1341) ) just unveiled an update.
Hao Tian International Construction Investment Group Limited has completed the placing of 125 million new shares under a specific mandate, raising approximately HK$49.25 million in net proceeds. The funds will primarily be used for developing an internet data center in Malaysia, with additional allocations for general working capital and loan repayment. The share placement has slightly altered the company’s shareholding structure, but none of the placees have become substantial shareholders.
More about Hao Tian International Construction Investment Group Limited
Hao Tian International Construction Investment Group Limited is a company incorporated in the Cayman Islands, operating in the construction investment industry. The company focuses on the development of infrastructure projects and investments, particularly in the Asia-Pacific region.
Average Trading Volume: 68,880,806
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.54B
Learn more about 1341 stock on TipRanks’ Stock Analysis page.