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An update from Honye Financial Services Ltd ( (GB:HOYE) ) is now available.
Honye Financial Services Ltd has announced a subscription agreement with investor Mr. Weng Jianxiong, who will subscribe for up to 10,869,565 ordinary shares, resulting in gross proceeds of £2,500,000. This investment is contingent upon the completion of Honye’s reverse takeover of Zoyo Group and the re-admission of its shares to the London Stock Exchange. The agreement marks a significant step in the company’s strategic growth, demonstrating strong investor confidence. Despite the termination of a previous loan agreement with Tang Investment No.1 Limited, Honye maintains a positive relationship with Tang and continues to explore future collaborations.
More about Honye Financial Services Ltd
Honye Financial Services Ltd operates in the financial services industry, focusing on strategic investments and financial transactions. The company is involved in reverse takeovers and equity fundraising, aiming to enhance its market position and growth potential.
Average Trading Volume: 5,728
Technical Sentiment Signal: Sell
Current Market Cap: £11.1M
For a thorough assessment of HOYE stock, go to TipRanks’ Stock Analysis page.