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MOG Digitech Completes New Share Subscription, Alters Shareholding Structure

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MOG Digitech Completes New Share Subscription, Alters Shareholding Structure

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MOG Holdings Limited ( (HK:1942) ) has shared an update.

MOG Digitech Holdings Limited has completed the subscription of new shares under a specific mandate, as announced by the Board. The completion of this subscription has altered the company’s shareholding structure, with the Subscriber’s nominee now holding 18.55% of the shares, previously non-existent, while other public shareholders now hold 81.45%. This marks a significant shift in the ownership dynamics of the company and may have implications for its future strategic direction.

More about MOG Holdings Limited

MOG Digitech Holdings Limited is a company incorporated in the Cayman Islands, focusing on the technology sector with various subsidiaries that contribute to its operations.

YTD Price Performance: -8.49%

Average Trading Volume: 47,378,085

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$931.4M

Find detailed analytics on 1942 stock on TipRanks’ Stock Analysis page.

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