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Most Kwai Chung Ltd. ( (HK:1716) ) has issued an update.
Most Kwai Chung Ltd. has released supplemental information regarding the use of proceeds from its annual and interim reports. The company has allocated funds to pursue growth through mergers and acquisitions, expand its customer base, upgrade IT infrastructure, and strengthen event organization efforts. Some proceeds remain unutilized, with plans to apply them by March 2025, indicating a strategic focus on future growth and operational efficiency.
More about Most Kwai Chung Ltd.
Most Kwai Chung Ltd. is a company incorporated in the Cayman Islands, operating within the media and advertising industry. The company focuses on expanding its customer base and business operations through strategic marketing efforts, upgrading its IT infrastructure, and organizing events to enhance its marketing channels.
YTD Price Performance: 2.86%
Average Trading Volume: 51,676
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$97.2M
See more insights into 1716 stock on TipRanks’ Stock Analysis page.