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Okura Holdings Limited Delays Share Placement Completion

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Okura Holdings Limited Delays Share Placement Completion

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Okura Holdings Limited ( (HK:1655) ) has provided an update.

Okura Holdings Limited has announced a further delay in the completion of its planned placement of 120 million new shares, originally set at an adjusted placing price of HK$0.196 per share. The completion date has been extended to on or before December 12, 2025, due to additional time required by the placing agent. Despite the delay, the company assures that there is no material adverse impact on its interests or those of its shareholders.

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 is a company incorporated in Hong Kong with limited liability. The company is involved in financial activities, focusing on the issuance and placement of shares as part of its capital management strategy.

Average Trading Volume: 2,728,018

Technical Sentiment Signal: Buy

Current Market Cap: HK$135M

For an in-depth examination of 1655 stock, go to TipRanks’ Overview page.

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