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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Kingboard Laminates Holdings ( (HK:1888) ) is now available.
Kingboard Laminates Holdings Limited announced a voluntary placement of shares by its subsidiary, Kingboard Investments Limited, involving the sale of up to 78,500,000 ordinary shares at HK$10.00 each. This strategic move aims to broaden the company’s shareholder base and enhance the liquidity of its shares, while Kingboard Holdings will retain a significant majority stake in the company.
The most recent analyst rating on (HK:1888) stock is a Buy with a HK$14.00 price target. To see the full list of analyst forecasts on Kingboard Laminates Holdings stock, see the HK:1888 Stock Forecast page.
More about Kingboard Laminates Holdings
Kingboard Laminates Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the manufacture and sale of laminates. It operates within the electronics and industrial sectors, focusing on providing materials essential for the production of printed circuit boards.
Average Trading Volume: 6,886,256
Current Market Cap: HK$34.76B
See more insights into 1888 stock on TipRanks’ Stock Analysis page.