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Starlight Culture Entertainment Group Limited ( (HK:1159) ) has issued an update.
Smart Digital Technology Group Limited, along with its subsidiaries, operates in the technology sector, focusing on digital innovations and new business ventures such as short video production, web series drama, metaverse, and new energy business. The company has recently completed two rounds of share placements, raising net proceeds of HK$6.9 million and HK$38.7 million respectively, which are intended for debt repayment, working capital replenishment, and new business development. The Group is actively negotiating loan extensions and has settled significant loan amounts, while also securing copyrights for novel adaptations and entering strategic partnerships in the energy sector to enhance its revenue streams and shareholder returns.
More about Starlight Culture Entertainment Group Limited
Average Trading Volume: 1,540,135
Technical Sentiment Signal: Hold
Current Market Cap: HK$537.6M
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