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New Huo Technology Holdings Limited ( (HK:1611) ) has shared an announcement.
New Huo Technology Holdings Limited has announced an extraordinary general meeting to approve two subscription agreements with Avenir Investment Limited and LINEX Holdings Ltd. These agreements involve the issuance of a total of 129,170,000 new shares at HK$1.66 per share. The approval of these agreements is expected to enhance the company’s capital base and potentially strengthen its market position, offering strategic benefits to its stakeholders.
More about New Huo Technology Holdings Limited
New Huo Technology Holdings Limited, incorporated in the British Virgin Islands, operates in the technology sector. The company focuses on providing innovative technology solutions and services, with a market presence in Hong Kong.
Average Trading Volume: 7,558,524
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.69B
For detailed information about 1611 stock, go to TipRanks’ Stock Analysis page.