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Sanergy Group Ltd. ( (HK:2459) ) has shared an update.
Sanergy Group Limited, a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, announced the results of its Rights Issue, which aimed to issue up to 570 million new shares. As of the latest acceptance deadline, approximately 61.2% of the offered Rights Shares were subscribed, leaving 221,398,397 shares unsubscribed. The company has arranged for these unsubscribed shares to be placed with new investors, with any premium gained from this placement to be distributed to existing shareholders who did not take action, on a pro-rata basis. This strategic move is expected to impact the company’s capital structure and provide insights into shareholder engagement.
More about Sanergy Group Ltd.
Average Trading Volume: 7,963,410
Technical Sentiment Signal: Sell
Current Market Cap: HK$241.1M
For detailed information about 2459 stock, go to TipRanks’ Stock Analysis page.