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The latest announcement is out from LFG Investment Holdings Limited ( (HK:3938) ).
LFG Investment Holdings Limited has announced a placement of new shares under a general mandate. The company plans to issue up to 81,192,593 shares at HK$0.40 each, representing 20% of existing shares, to raise approximately HK$32.3 million net. The proceeds will be used to expand its securities financing business and for general working capital. The placement is subject to conditions, and stakeholders are advised to exercise caution.
More about LFG Investment Holdings Limited
Average Trading Volume: 813,939
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$148.2M
See more data about 3938 stock on TipRanks’ Stock Analysis page.