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Lisi Group Completes Major Share Subscription

Lisi Group Completes Major Share Subscription

Lisi Group (Holdings) Limited (HK:0526) has released an update.

Confident Investing Starts Here:

Lisi Group (Holdings) Limited has successfully completed a subscription of 800 million new shares, raising approximately HK$60.45 million. The proceeds are primarily earmarked for a potential acquisition of Emerald Holding (Luxembourg) S.a.r.l, with the remainder allocated for general working capital. This move has shifted the company’s shareholding structure, with the new shares representing about 9.05% of the enlarged share capital.

For further insights into HK:0526 stock, check out TipRanks’ Stock Analysis page.

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