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An announcement from KNT Holdings Limited ( (HK:1025) ) is now available.
KNT Holdings Limited has announced a revised timetable for its proposed rights issue, which offers three rights shares for every one share held. The company has extended the deadline for placing unsubscribed rights shares due to challenging market conditions, allowing more time to secure placees. This adjustment reflects the company’s response to market uncertainties and aims to ensure the successful completion of the rights issue, potentially impacting stakeholders by providing additional time to participate in the offering.
More about KNT Holdings Limited
KNT Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1025. The company is involved in financial activities, including rights issues and share placements.
YTD Price Performance: 108.00%
Average Trading Volume: 750,533
Technical Sentiment Signal: Hold
Current Market Cap: HK$109.2M
For a thorough assessment of 1025 stock, go to TipRanks’ Stock Analysis page.