tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Innovative Pharmaceutical Biotech Clarifies Share Placing Announcement

Story Highlights
Innovative Pharmaceutical Biotech Clarifies Share Placing Announcement

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.

Innovative Pharmaceutical Biotech ( (HK:0399) ) has provided an update.

Innovative Pharmaceutical Biotech Limited announced a clarification regarding a clerical error in their previous announcement about the placing of new shares under a general mandate. The company clarified that the general mandate, which expired at the conclusion of their annual general meeting, will not be fully utilized upon the allotment and issue of all the placing shares. This announcement is intended to supplement the previous announcement and ensure accurate information is communicated to stakeholders.

More about Innovative Pharmaceutical Biotech

Innovative Pharmaceutical Biotech Limited operates in the pharmaceutical and biotechnology industry, focusing on the development and commercialization of innovative medical products and technologies.

Average Trading Volume: 21,948,490

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.06B

See more insights into 0399 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1