Minshang Creative Technology Holdings Limited (HK:1632) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Minshang Creative Technology Holdings Limited has agreed to issue 60 million new shares at HK$0.5 each, representing about 6.72% of its existing share capital, to two subscribers under a general mandate. This move could potentially increase the company’s capital base by approximately 6.29%, although completion is contingent on certain conditions. Investors are advised to exercise caution as the transaction may not proceed.
For further insights into HK:1632 stock, check out TipRanks’ Stock Analysis page.