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Smart Digital Technology Group Utilizes Share Placement Proceeds and Updates Share Option Scheme

Story Highlights
  • Smart Digital Technology fully utilized HK$26.4 million from share placement for debts and capital.
  • 8,235,647 shares are available under the New Share Option Scheme after capital reduction adjustments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Smart Digital Technology Group Utilizes Share Placement Proceeds and Updates Share Option Scheme

Elevate Your Investing Strategy:

Starlight Culture Entertainment Group Limited ( (HK:1159) ) just unveiled an update.

Smart Digital Technology Group Limited, together with its subsidiaries, operates in the technology sector, focusing on digital solutions and innovations. The company announced that it has fully utilized the HK$26.4 million net proceeds from the placement of new shares in January 2024 for debt repayment and general working capital. Additionally, the company provided details about its New Share Option Scheme, with 8,235,647 shares available for grant as of December 31, 2024, reflecting adjustments due to a capital reduction.

More about Starlight Culture Entertainment Group Limited

Average Trading Volume: 1,413,872

Technical Sentiment Signal: Buy

Current Market Cap: HK$391.4M

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