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Qunabox Group Limited ( (HK:0917) ) has provided an announcement.
Qunabox Group Limited has entered into a Placing Agreement with Haitong International Securities Company Limited to issue 3,000,000 new shares at a price of HK$106.60 per share, representing a discount to the current market price. This move is expected to raise approximately HK$313.80 million in net proceeds, which the company plans to allocate for strategic purposes. The issuance will not require shareholder approval as it falls under the General Mandate, and the shares will be listed on the Stock Exchange of Hong Kong. The transaction is contingent on several conditions and may not proceed if these are not met.
More about Qunabox Group Limited
Qunabox Group Limited is a company incorporated in the Cayman Islands with limited liability, and its shares are listed on the Stock Exchange of Hong Kong. The company operates within the financial sector, focusing on the issuance and management of securities.
Average Trading Volume: 754,465
Technical Sentiment Signal: Strong Buy
For a thorough assessment of 0917 stock, go to TipRanks’ Stock Analysis page.