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Hao Tian International Construction Investment Group Limited ( (HK:1341) ) just unveiled an update.
Hao Tian International Construction Investment Group Limited announced a new share placement under a general mandate, aiming to place up to 1,524,224,000 shares at HK$0.2 per share. This represents a discount to recent trading prices and could raise up to HK$300.3 million in net proceeds. The funds are intended for general working capital and debt repayment. The placement is contingent on regulatory approvals and compliance with listing rules, with potential implications for the company’s capital structure and market positioning.
More about Hao Tian International Construction Investment Group Limited
Hao Tian International Construction Investment Group Limited is a company incorporated in the Cayman Islands, focusing on construction investment. It operates in the construction industry and is involved in investment activities, with its securities listed on the Hong Kong Stock Exchange.
Average Trading Volume: 594,635,178
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.77B
Learn more about 1341 stock on TipRanks’ Stock Analysis page.