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KNT Holdings Clarifies ‘Placee(s)’ Definition in Rights Issue Announcement

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KNT Holdings Clarifies ‘Placee(s)’ Definition in Rights Issue Announcement

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

KNT Holdings Limited, incorporated in the Cayman Islands, has issued a clarification regarding the definition of ‘Placee(s)’ in their recent announcement about a proposed Rights Issue. This revision specifies that ‘Placee(s)’ refers to individuals or entities, including their beneficial owners, who are independent third parties and are procured by the Placing Agent to subscribe for any unsubscribed or unsold rights shares. The rest of the information in the original announcement remains unchanged.

The most recent analyst rating on (HK:1025) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on KNT Holdings Limited stock, see the HK:1025 Stock Forecast page.

More about KNT Holdings Limited

Average Trading Volume: 1,977,728

Technical Sentiment Signal: Sell

Current Market Cap: HK$47.31M

For an in-depth examination of 1025 stock, go to TipRanks’ Overview page.

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