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Sanergy Group Ltd. Announces Rights Issue and Board Lot Size Change

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Sanergy Group Ltd. Announces Rights Issue and Board Lot Size Change

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Sanergy Group Ltd. ( (HK:2459) ) has provided an announcement.

Sanergy Group Ltd. has announced a proposed rights issue to raise approximately HK$45.6 million by issuing up to 570 million rights shares at a subscription price of HK$0.08 per share. This initiative is aimed at generating net proceeds of about HK$44.5 million, which will be available only to qualifying shareholders. Additionally, the company plans to change the board lot size for trading on the Stock Exchange from 2,000 shares to 20,000 shares, effective July 29, 2025. These strategic moves are expected to enhance the company’s financial flexibility and improve trading efficiency.

More about Sanergy Group Ltd.

Sanergy Group Ltd. is a company incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange under stock code 2459.

Average Trading Volume: 5,694,513

Technical Sentiment Signal: Sell

Current Market Cap: HK$207.5M

For detailed information about 2459 stock, go to TipRanks’ Stock Analysis page.

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