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An update from South Manganese Investment Limited ( (HK:1091) ) is now available.
South Manganese Investment Limited has announced a placing of new shares under a general mandate, with the aim of raising approximately HK$180.44 million in net proceeds. The funds will be used to repay the company’s outstanding bank borrowings, potentially improving its financial stability and operational flexibility.
More about South Manganese Investment Limited
South Manganese Investment Limited is a company incorporated in Bermuda with limited liability, focusing on the manganese industry. The company is involved in the investment and management of manganese-related businesses.
Average Trading Volume: 7,251,265
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.17B
Learn more about 1091 stock on TipRanks’ Stock Analysis page.