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Ruihe Data Technology Completes HK$38.6 Million Share Placement

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Ruihe Data Technology Completes HK$38.6 Million Share Placement

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Suoxinda Holdings Limited ( (HK:3680) ) has provided an announcement.

Ruihe Data Technology Holdings Limited has successfully completed the placing of 130,000,000 new shares under a general mandate, representing approximately 16.44% of the company’s issued share capital. The placing, which raised net proceeds of approximately HK$38.6 million, is aimed at repaying the Group’s borrowings and replenishing general working capital to support business operations.

More about Suoxinda Holdings Limited

Average Trading Volume: 822,573

Technical Sentiment Signal: Sell

Current Market Cap: HK$555.1M

Find detailed analytics on 3680 stock on TipRanks’ Stock Analysis page.

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