Labixiaoxin’s Major Share Issuance Reshapes Ownership

Labixiaoxin Snacks Group Ltd. (HK:1262) has released an update.

Labixiaoxin Snacks Group Limited has successfully issued 85,518,388 new shares at HK$1.10 each, resulting in a significant reshaping of its shareholding structure. Post-transaction, the subscribers now hold a combined 72.62% of the company, greatly altering the balance of public and private ownership. This pivotal financial move could have a substantial impact on the company’s future direction and market performance.

For further insights into HK:1262 stock, check out TipRanks’ Stock Analysis page.