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Shougang Concord Century Holding Ltd. ( (HK:0103) ) just unveiled an update.
Shougang Concord Century Holdings Limited announced the results of its Rights Issue, which became unconditional on June 18, 2025. The Rights Issue was under-subscribed, with 92.22% of the offered shares being accepted, leading to a total of HK$146 million in net proceeds. The company plans to use these funds according to the previously outlined purposes, despite the under-subscription. The board has decided to accept all valid applications for excess shares, ensuring no refunds are necessary.
More about Shougang Concord Century Holding Ltd.
Shougang Concord Century Holdings Limited is a company incorporated in Hong Kong, operating in the manufacturing sector. The company focuses on producing and distributing steel products, with a significant market presence in the steel industry.
Average Trading Volume: 2,057,965
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.18B
For detailed information about 0103 stock, go to TipRanks’ Stock Analysis page.