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Shanghai XNG Holdings Completes Share Placement

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Shanghai XNG Holdings Completes Share Placement

Elevate Your Investing Strategy:

Shanghai XNG Holdings Limited ( (HK:3666) ) has shared an announcement.

Shanghai XNG Holdings Limited has successfully completed the placement of 442,606,000 new shares under a general mandate, representing approximately 16.67% of the company’s enlarged issued share capital. The net proceeds of approximately HK$8.7 million from this placement will be used for general working capital, and the shareholding structure has been adjusted accordingly, with no new substantial shareholders emerging.

More about Shanghai XNG Holdings Limited

Average Trading Volume: 1,634,755

Technical Sentiment Signal: Sell

Current Market Cap: HK$55.33M

For an in-depth examination of 3666 stock, go to TipRanks’ Stock Analysis page.

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