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Starlight Culture Entertainment Group Limited ( (HK:1159) ) has issued an update.
Smart Digital Technology Group Limited has announced a supplemental plan for placing new shares under a general mandate, intending to raise approximately HK$38.7 million. The proceeds will be allocated towards debt repayment, development of new business opportunities, and replenishment of working capital, with specific timelines for each use, potentially impacting the company’s financial stability and growth prospects.
More about Starlight Culture Entertainment Group Limited
Average Trading Volume: 1,417,504
Technical Sentiment Signal: Buy
Current Market Cap: HK$392.6M
See more data about 1159 stock on TipRanks’ Stock Analysis page.