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Silver Tide Holdings Limited ( (HK:1943) ) has provided an update.
King’s Stone Holdings Group Limited, a company incorporated in the Cayman Islands, has announced an extension of the Long Stop Date for their Placing Agreement to 30 September 2025, due to additional time needed to secure investors. The company has also revised the Placing Price to HK$0.637, which is a discount to recent market prices. The proceeds from the Placing, estimated at HK$93.99 million, will primarily be used for developing energy storage power station operations and upgrading industries in new construction industrial parks, with a significant portion allocated for research and development, procurement, and business promotion.
More about Silver Tide Holdings Limited
Average Trading Volume: 3,745,625
Technical Sentiment Signal: Buy
Current Market Cap: HK$780M
See more insights into 1943 stock on TipRanks’ Stock Analysis page.