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International Business Digital Technology Completes Share Placement to Fund Digital Expansion

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International Business Digital Technology Completes Share Placement to Fund Digital Expansion

Confident Investing Starts Here:

An update from Vixtel Technologies Holdings Ltd. ( (HK:1782) ) is now available.

International Business Digital Technology Limited, a company incorporated in the Cayman Islands, has successfully completed the placing of 10,000,000 new shares under a General Mandate. This move, which raised approximately HK$38.97 million in net proceeds, is aimed at investing in and upgrading digital technologies such as Central Bank Digital Currency, big data, and AI, as well as supporting general working capital. The placing has slightly altered the company’s shareholding structure, with the new shares representing about 1.30% of the enlarged share capital.

More about Vixtel Technologies Holdings Ltd.

YTD Price Performance: 13.33%

Average Trading Volume: 638,652

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$3.42B

See more data about 1782 stock on TipRanks’ Stock Analysis page.

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