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Laopu Gold Co. Ltd. Class H ( (HK:6181) ) just unveiled an update.
Laopu Gold Co., Ltd. announced the placement of 4,310,000 new H shares at a price of HK$630.00 per share, representing a discount to recent trading prices. The placement aims to raise approximately HK$2,698.04 million in net proceeds, with the shares to be issued under a General Mandate. The completion of this placement is contingent on certain conditions being met, and the company advises caution to shareholders and potential investors.
More about Laopu Gold Co. Ltd. Class H
Laopu Gold Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the gold industry. It is listed on the Stock Exchange of Hong Kong and is involved in the issuance and placing of H shares.
Average Trading Volume: 1,187,881
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$124.6B
For a thorough assessment of 6181 stock, go to TipRanks’ Stock Analysis page.