Huili Resources (Group) Limited (HK:1303) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Huili Resources (Group) Limited has announced a conditional agreement to issue 85,819,957 new shares, accumulating a total sum of HK$38,618,981 at HK$0.45 per share. This new issuance will represent approximately 4.3% of the current issued share capital and is set to increase the share capital by 4.1% upon completion. The company cautions shareholders and potential investors to exercise caution as the subscription is subject to certain conditions and may not proceed.
For further insights into HK:1303 stock, check out TipRanks’ Stock Analysis page.