Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
HK Asia Holdings Limited ( (HK:1723) ) has shared an announcement.
HK Asia Holdings Limited has successfully completed the subscription agreement and issued convertible notes worth HK$33,750,000. The completion of this agreement resulted in the issuance of 75,000,000 conversion shares, altering the company’s shareholding structure with subscribers now holding a larger percentage of shares. This move is expected to provide the company with net proceeds of approximately HK$33,250,000, which will be utilized as per the outlined strategic plans.
More about HK Asia Holdings Limited
Average Trading Volume: 1,862,271
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.42B
For an in-depth examination of 1723 stock, go to TipRanks’ Stock Analysis page.