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SEEC Media Group Limited Announces Undersubscribed Rights Issue Results

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SEEC Media Group Limited Announces Undersubscribed Rights Issue Results

Elevate Your Investing Strategy:

An announcement from SEEC Media Group Limited ( (HK:0205) ) is now available.

SEEC Media Group Limited announced the results of its Rights Issue, which was undersubscribed with only 53.67% of the offered shares accepted. The company plans to implement compensatory arrangements to place the unsubscribed shares with independent placees, potentially impacting shareholder returns and the company’s capital structure.

More about SEEC Media Group Limited

SEEC Media Group Limited is a company incorporated in the Cayman Islands and continued in Bermuda, operating in the media industry. It is listed on the Stock Exchange of Hong Kong and focuses on providing media-related services.

Average Trading Volume: 346,376

Technical Sentiment Signal: Sell

Current Market Cap: HK$204.3M

Find detailed analytics on 0205 stock on TipRanks’ Stock Analysis page.

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