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The latest announcement is out from Luxxu Group Ltd. ( (HK:1327) ).
Luxxu Group Limited, a company listed on the Hong Kong Stock Exchange, announced the results of its Rights Issue, where shareholders were offered one Rights Share for every share held. The company received applications for approximately 36.94% of the Rights Shares, with the remaining shares subject to compensatory arrangements through a placing agreement. This move aims to benefit shareholders and manage the unsubscribed shares effectively. The outcome of these arrangements and any net gain will be announced on May 9, 2025.
More about Luxxu Group Ltd.
YTD Price Performance: -52.94%
Average Trading Volume: 128,386
Technical Sentiment Signal: Buy
Current Market Cap: HK$34.5M
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