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Miko International Completes Share Placement

Miko International Completes Share Placement

Miko International Holdings Ltd. (HK:1247) has released an update.

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Miko International Holdings Limited has successfully completed the placement of 28,338,000 new shares, raising about HK$19.3 million to enhance their supply chain management business. The placement expanded the company’s issued share capital by 15.19% and was conducted with independent third-party placees, ensuring no single placee became a substantial shareholder. This strategic move aims to strengthen the company’s financial position and support its growth initiatives.

For further insights into HK:1247 stock, check out TipRanks’ Stock Analysis page.

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