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Windmill Group Ltd. ( (HK:1850) ) just unveiled an announcement.
HSC Resources Group Limited announced the results of its recent rights issue, revealing that only 24.76% of the offered shares were subscribed, leaving 75.24% unsubscribed. The company plans to address this shortfall through compensatory arrangements by placing the unsubscribed shares with independent placees, potentially impacting shareholder value and market perception.
More about Windmill Group Ltd.
HSC Resources Group Limited, formerly known as Windmill Group Limited, operates in the financial sector. The company is involved in issuing rights shares, focusing on raising capital through stock market mechanisms.
Average Trading Volume: 247,637
Technical Sentiment Signal: Sell
Current Market Cap: HK$121M
Learn more about 1850 stock on TipRanks’ Stock Analysis page.