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Kingbo Strike Ltd. ( (HK:1421) ) just unveiled an update.
Prosperity Group International Limited has successfully completed the placing of 25,025,000 new shares under a general mandate. This placement represents approximately 15% of the company’s enlarged share capital and has raised net proceeds of approximately HK$4.62 million, which will be used for general working capital. The shares were placed to at least six placees, none of whom are substantial shareholders, ensuring compliance with listing rules.
More about Kingbo Strike Ltd.
YTD Price Performance: -8.64%
Average Trading Volume: 317,727
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$30.91M
Find detailed analytics on 1421 stock on TipRanks’ Stock Analysis page.