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Seazen Group Ltd. ( (HK:1030) ) has provided an update.
Seazen Group Ltd. has entered into a Subscription Agreement to issue 19,346,101 new shares at a price of HK$2.5845 per share, representing approximately 0.27% of its existing and enlarged share capital. This move is subject to conditions and aims to raise capital, potentially impacting the company’s market position and shareholder value.
The most recent analyst rating on (HK:1030) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.
More about Seazen Group Ltd.
Seazen Group Ltd. is a company incorporated in the Cayman Islands with limited liability, focusing on real estate development and investment. The company is listed on the Hong Kong Stock Exchange and engages in the issuance of securities as part of its market operations.
Average Trading Volume: 32,146,244
Technical Sentiment Signal: Buy
Current Market Cap: HK$17.46B
See more data about 1030 stock on TipRanks’ Stock Analysis page.