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Many Idea Cloud Holdings Limited ( (HK:6696) ) just unveiled an update.
Many Idea Cloud Holdings Limited, a company incorporated in the Cayman Islands, has announced the subscription of 12 million new shares at HK$3.10 per share under a general mandate. This move involves six independent private investors and represents approximately 17.65% of the existing issued share capital of the company. The subscription price reflects a discount to recent market prices, and the issuance will not require shareholder approval. The completion of these subscriptions is subject to certain conditions, and stakeholders are advised to exercise caution.
More about Many Idea Cloud Holdings Limited
YTD Price Performance: -40.0%
Average Trading Volume: 335,074
Technical Sentiment Consensus Rating: Buy
See more data about 6696 stock on TipRanks’ Stock Analysis page.
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