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Okura Holdings Completes Successful Share Placement to Enhance Operations

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Okura Holdings Completes Successful Share Placement to Enhance Operations

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The latest update is out from Okura Holdings Limited ( (HK:1655) ).

Okura Holdings Limited has successfully completed the placement of 35,019,580 new shares, raising approximately HK$6.1 million. The proceeds will be used for purchasing gaming machines, renovating pachinko halls, and general working capital, reflecting a strategic move to enhance its operations and market presence.

The most recent analyst rating on (HK:1655) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on Okura Holdings Limited stock, see the HK:1655 Stock Forecast page.

More about Okura Holdings Limited

Okura Holdings Limited operates in the entertainment industry, primarily focusing on the operation of pachinko and pachislot halls. The company is involved in the purchase of gaming machines and the renovation and enhancement of its gaming facilities.

Average Trading Volume: 2,645,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$133.8M

For detailed information about 1655 stock, go to TipRanks’ Stock Analysis page.

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