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The latest update is out from Platt Nera International Limited ( (HK:1949) ).
Platt Nera International Limited has entered into a Subscription Agreement to issue 160 million new shares at HK$0.107 per share, representing a 17.69% discount to the current market price. The proceeds, estimated at HK$16.98 million after expenses, will be used for business expansion and general working capital, enhancing the company’s financial standing and shareholder base.
More about Platt Nera International Limited
Platt Nera International Limited is a company incorporated in the Cayman Islands with a focus on expanding into the trading of Point-of-Sales devices and terminals. The company aims to strengthen its financial position and broaden its shareholder base.
Average Trading Volume: 4,344,900
Technical Sentiment Signal: Sell
Current Market Cap: HK$104.8M
See more insights into 1949 stock on TipRanks’ Stock Analysis page.