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CMMB Vision Holdings ( (HK:0471) ) has shared an update.
Silkwave Inc, a company incorporated in the Cayman Islands and listed on the Stock Exchange of Hong Kong, has announced the subscription of 5,700,000 new shares at a price of HK$0.85 per share, representing a premium over the recent closing price. The transaction is expected to raise approximately HK$4,765,000 in net proceeds, intended for general working capital to cover professional fees and operational expenses by June 2025. The subscription is subject to certain conditions, and no subscriber will become a substantial shareholder immediately upon completion.
More about CMMB Vision Holdings
YTD Price Performance: 16.90%
Average Trading Volume: 224,730
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$77.97M
For an in-depth examination of 0471 stock, go to TipRanks’ Stock Analysis page.