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LFG Investment Holdings Limited ( (HK:3938) ) has issued an announcement.
LFG Investment Holdings Limited has successfully completed the placement of 81,192,593 new shares, representing approximately 16.67% of its enlarged issued share capital, at a price of HK$0.40 per share. The net proceeds of approximately HK$32.3 million will primarily be used to expand the company’s securities financing business and for general working capital, potentially enhancing its market position and operational capabilities.
More about LFG Investment Holdings Limited
LFG Investment Holdings Limited, incorporated in the Cayman Islands, operates in the financial services industry, focusing on securities financing and related financial services.
Average Trading Volume: 2,247,284
Technical Sentiment Signal: Buy
Current Market Cap: HK$263.9M
For an in-depth examination of 3938 stock, go to TipRanks’ Overview page.