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Marketingforce Management Ltd ( (HK:2556) ) has issued an update.
Marketingforce Management Ltd has successfully completed the placement of 20,105,800 new shares under its general mandate, representing approximately 7.85% of the company’s enlarged share capital. The shares were placed at a price of HK$60.00 each to at least six independent third-party investors, which has resulted in a shift in the company’s shareholding structure, increasing the proportion of shares held by public shareholders to 40.85%.
More about Marketingforce Management Ltd
Marketingforce Management Ltd is a company incorporated in the Cayman Islands with limited liability, and it is listed on the Stock Exchange of Hong Kong. The company is involved in the financial services industry, focusing on share placements and capital market transactions.
YTD Price Performance: -45.37%
Average Trading Volume: 2,104,996
Technical Sentiment Consensus Rating: Strong Buy
Find detailed analytics on 2556 stock on TipRanks’ Stock Analysis page.