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An announcement from Miko International Holdings Ltd. ( (HK:1247) ) is now available.
Miko International Holdings Ltd. announced a change in the long stop date for its new share placement under a general mandate, moving it from June 30, 2025, to June 14, 2025. The proceeds from this placement will be used to enhance the company’s supply chain management business, including setting up a cross-border platform, channel development, marketing, and expanding manpower. The placing price is set at HK$1.35 per share, representing a discount to recent closing prices. The announcement advises caution to shareholders and potential investors as the placement is subject to conditions precedent.
More about Miko International Holdings Ltd.
Miko International Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in supply chain management. The company focuses on developing a cross-border business-to-business platform with multi-language support and intelligent customs declaration systems.
Average Trading Volume: 519,817
Technical Sentiment Signal: Buy
Current Market Cap: HK$303.4M
Find detailed analytics on 1247 stock on TipRanks’ Stock Analysis page.