Shougang Century Holdings’ Rights Issue Over-Subscribed

Shougang Concord Century Holding Ltd. (HK:0103) has released an update.

Shougang Century Holdings Limited’s recent rights issue was over-subscribed, receiving valid applications for approximately 108.49% of the available shares. The company successfully allocated the excess rights shares on a pro-rata basis among qualifying shareholders who applied for them. This indicates strong investor interest and confidence in Shougang’s financial prospects.

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