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Litian Pictures Holdings Limited ( (HK:9958) ) has shared an announcement.
Litian Pictures Holdings Limited has successfully completed the placing of 60,000,000 new shares under a general mandate, representing 16.67% of the company’s enlarged share capital. The shares were placed at HK$0.10 each, raising gross proceeds of approximately HK$6.0 million, with net proceeds of HK$5.78 million intended for general working capital. This strategic move is expected to impact the company’s shareholding structure, with no new substantial shareholders emerging from the placing, and aims to bolster the company’s financial position by the end of December 2025.
More about Litian Pictures Holdings Limited
YTD Price Performance: -10.83%
Average Trading Volume: 1,287,164
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.7M
See more data about 9958 stock on TipRanks’ Stock Analysis page.