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Pinestone Capital Ltd ( (HK:0804) ) has provided an update.
Pinestone Capital Limited has successfully completed the placement of 81,210,000 new shares under the general mandate, representing approximately 16.67% of its enlarged issued share capital. The placement, which involved several independent parties, raised net proceeds of approximately HK$13.86 million, which the company plans to use for general working capital, thereby strengthening its financial position and expanding its shareholder base.
More about Pinestone Capital Ltd
YTD Price Performance: -2.27%
Average Trading Volume: 1,278,893
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$87.31M
For a thorough assessment of 0804 stock, go to TipRanks’ Stock Analysis page.
