Liaoning Port Company Limited Class H (HK:2880) has released an update.
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Liaoning Port Co., Ltd. has announced that Dalian Port Corporation Limited, in concert with the controlling shareholder, plans to increase its A shares worth between RMB 250 million and RMB 500 million within 12 months, at a price not exceeding RMB 2.06 per share. This move is intended to bolster investor confidence and support the company’s sustainable growth, despite potential market risks that could impact the plan’s success.
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