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ISP Holdings Limited ( (HK:2340) ) just unveiled an update.
ISP Holdings Limited has issued a clarification regarding a clerical error in its proposed rights issue announcement. The company corrected the maximum number of new shares to be allotted and issued, reducing it from 106,666,666 to 80,000,000, which affects the number of Rights Shares and proceeds from the Rights Issue. This adjustment impacts the company’s planned capital raising efforts and shareholder allocations, with gross proceeds expected to be up to approximately HK$12.87 million, depending on the subscription scenario.
More about ISP Holdings Limited
YTD Price Performance: -40.87%
Average Trading Volume: 191,471
Technical Sentiment Signal: Buy
Current Market Cap: HK$57.78M
For an in-depth examination of 2340 stock, go to TipRanks’ Stock Analysis page.