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The latest update is out from Mediwelcome Healthcare Management & Technology Inc. ( (HK:2159) ).
Mediwelcome Healthcare Management & Technology Inc. has announced a placement of new shares under a general mandate, involving up to 40 million shares at a price of HK$0.40 per share. This move is expected to raise approximately HK$16 million in gross proceeds, with net proceeds of around HK$15.45 million intended for general working capital. The placement represents a significant portion of the company’s shares and is offered at a discount to recent trading prices, indicating a strategic effort to bolster financial resources.
More about Mediwelcome Healthcare Management & Technology Inc.
Mediwelcome Healthcare Management & Technology Inc. operates in the healthcare management and technology industry, focusing on providing healthcare management services and technological solutions.
Average Trading Volume: 77,270
Technical Sentiment Signal: Sell
Current Market Cap: HK$95M
Learn more about 2159 stock on TipRanks’ Stock Analysis page.