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OCI International Holdings to Raise HK$83.37 Million Through Share Placement

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OCI International Holdings to Raise HK$83.37 Million Through Share Placement

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OCI International Holdings ( (HK:0329) ) has shared an announcement.

OCI International Holdings Limited has announced a placing agreement to issue up to 299,949,984 new shares at HK$0.28 each, representing 20% of its existing share capital. This move is expected to raise approximately HK$83.37 million in net proceeds, potentially impacting the company’s financial position and market presence.

More about OCI International Holdings

OCI International Holdings Limited is a company incorporated in the Cayman Islands with limited liability, focusing on financial services and investment opportunities.

Average Trading Volume: 921,055

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$517.4M

Learn more about 0329 stock on TipRanks’ Stock Analysis page.

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