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KNT Holdings Announces Rights Issue Results and Compensatory Arrangements

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KNT Holdings Announces Rights Issue Results and Compensatory Arrangements

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KNT Holdings Limited ( (HK:1025) ) has provided an announcement.

KNT Holdings Limited has announced the results of its Rights Issue, where only 11.82% of the offered shares were subscribed, leaving 88.18% of the shares unsubscribed. The company has arranged for these unsubscribed shares to be placed with independent investors through a compensatory arrangement, potentially benefiting shareholders if a premium over the subscription price is achieved.

More about KNT Holdings Limited

YTD Price Performance: 42.00%

Average Trading Volume: 604,309

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$71.78M

Find detailed analytics on 1025 stock on TipRanks’ Stock Analysis page.

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