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Tokyo Chuo Auction Holdings Ltd. ( (HK:1939) ) has shared an update.
Shangshan Gold International Holdings Limited has announced a supplemental agreement to its previous placing agreement, which involves the issuance of new shares under a general mandate. The company has extended the long stop date to fulfill conditions precedent to November 10, 2025, reduced the number of placing shares from 37,825,421 to 11,880,000, and adjusted the placing price to HK$7.71 per share. These changes reflect the company’s response to prevailing market conditions and aim to optimize the share placement process, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (HK:1939) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Tokyo Chuo Auction Holdings Ltd. stock, see the HK:1939 Stock Forecast page.
More about Tokyo Chuo Auction Holdings Ltd.
Average Trading Volume: 3,411,745
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.57B
Find detailed analytics on 1939 stock on TipRanks’ Stock Analysis page.