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Perfectech International Holdings Limited ( (HK:0765) ) has provided an announcement.
Perfectech International Holdings Limited announced the successful completion of its Rights Issue, which was over-subscribed by approximately 7.03%. The company raised gross proceeds of approximately HK$48.22 million, with net proceeds estimated at HK$46.74 million, which will be used as outlined in their prospectus. This financial move indicates strong investor interest and is expected to bolster the company’s financial position, potentially enhancing its market competitiveness.
The most recent analyst rating on (HK:0765) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Perfectech International Holdings Limited stock, see the HK:0765 Stock Forecast page.
More about Perfectech International Holdings Limited
Perfectech International Holdings Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Hong Kong Stock Exchange and engages in the production and distribution of various products, with a focus on expanding its market presence.
Average Trading Volume: 256,171
Technical Sentiment Signal: Sell
Current Market Cap: HK$147.1M
For a thorough assessment of 0765 stock, go to TipRanks’ Stock Analysis page.