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Vixtel Technologies Holdings Ltd. ( (HK:1782) ) has issued an announcement.
International Business Digital Technology Limited has completed the placement of 28 million new shares, representing approximately 3.5% of its enlarged share capital, at a price of HK$3.60 per share. The net proceeds of approximately HK$99.72 million will be used for developing new APM projects, expanding virtual asset services in overseas markets, particularly in the UAE, and supplementing working capital.
The most recent analyst rating on (HK:1782) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Vixtel Technologies Holdings Ltd. stock, see the HK:1782 Stock Forecast page.
More about Vixtel Technologies Holdings Ltd.
Average Trading Volume: 647,685
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.97B
Learn more about 1782 stock on TipRanks’ Stock Analysis page.