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The latest announcement is out from Sanergy Group Ltd. ( (HK:2459) ).
Sanergy Group Ltd. announced the results of its rights issue, which offered one rights share for every two existing shares. The company successfully placed all 221,398,397 unsubscribed rights shares to at least six placees at HK$0.08 per share, achieving full subscription of the 570,000,000 rights shares offered. This outcome ensures no net gain distribution to non-participating shareholders, highlighting effective execution of the compensatory arrangements.
More about Sanergy Group Ltd.
Sanergy Group Ltd. is a company incorporated in the Cayman Islands, operating within the stock exchange market under the stock code 2459.
Average Trading Volume: 8,548,992
Technical Sentiment Signal: Hold
Current Market Cap: HK$254.8M
For an in-depth examination of 2459 stock, go to TipRanks’ Overview page.