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Platt Nera International Limited ( (HK:1949) ) has provided an announcement.
Platt Nera International Limited has announced a placing of new shares under a general mandate, involving the issuance of up to 120,000,000 shares at a price of HK$0.08 per share. This move represents an effort to raise approximately HK$9.251 million in net proceeds, which the company intends to use as general working capital to support business development and operational expansion. The placing is conditional upon certain conditions being met, and it is not subject to further shareholder approval.
More about Platt Nera International Limited
YTD Price Performance: 18.57%
Average Trading Volume: 2,445,824
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$56.44M
For a thorough assessment of 1949 stock, go to TipRanks’ Stock Analysis page.