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CMMB Vision Holdings ( (HK:0471) ) just unveiled an update.
Silkwave Inc has issued a circular to shareholders detailing its proposed rights issue, under which investors would be entitled to subscribe for three new rights shares for every existing share held on the record date, on a non-underwritten basis. Alongside the circular, the company has set out a revised timetable covering key dates for share transfers, book closure, proxy lodgement, and the extraordinary general meeting at which shareholders will vote on the transaction, signalling that the capital-raising process is moving into its formal approval phase and providing clearer visibility on participation logistics for existing investors.
The most recent analyst rating on (HK:0471) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on CMMB Vision Holdings stock, see the HK:0471 Stock Forecast page.
More about CMMB Vision Holdings
Silkwave Inc is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 471. The announcement relates to its capital-raising activities via a proposed rights issue to existing shareholders.
Average Trading Volume: 1,537,930
Technical Sentiment Signal: Sell
Current Market Cap: HK$82.76M
See more data about 0471 stock on TipRanks’ Stock Analysis page.