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Kingkey Financial Successfully Completes Rights Issue
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Kingkey Financial Successfully Completes Rights Issue

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An update from Kingkey Financial International (Holdings) Ltd. ( (HK:1468) ) is now available.

Kingkey Financial International (Holdings) Ltd. announced the results of its Rights Issue, which became unconditional on December 31, 2024. The company received valid acceptances and applications for approximately 99.1% of the 549,357,340 Rights Shares available, leaving a small under-subscription of about 0.9%. The net proceeds from the Rights Issue amount to approximately HK$412.7 million and will be used as outlined in the prospectus. This development signifies a successful capital-raising effort, enhancing the company’s financial position and market opportunities.

More about Kingkey Financial International (Holdings) Ltd.

Kingkey Financial International (Holdings) Ltd. is a company incorporated in the Cayman Islands, focusing on financial services and investments. The company is listed on the Stock Exchange of Hong Kong, catering to a diverse range of shareholders.

YTD Price Performance: -5.80%

Average Trading Volume: 168,416,230

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$714.2M

See more data about 1468 stock on TipRanks’ Stock Analysis page.

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