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The latest announcement is out from Endurance RP ( (HK:0575) ).
Regent Pacific Group Limited has completed a connected transaction involving loan capitalisation through the issuance of new shares under a specific mandate. This transaction resulted in the issuance of 63,377,163 new shares to Galloway, significantly altering the company’s shareholding structure by increasing Galloway’s stake to 51.26% from 37.73%. The completion of this transaction marks a strategic financial restructuring for Regent Pacific, potentially impacting its market positioning and stakeholder dynamics.
More about Endurance RP
Average Trading Volume: 181,674
Technical Sentiment Signal: Buy
Current Market Cap: HK$233M
Learn more about 0575 stock on TipRanks’ Stock Analysis page.