Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sterling Group Holdings Limited ( (HK:1825) ) has provided an update.
Sterling Group Holdings Limited has completed the placement of 57,600,000 new shares at a price of HK$0.070 per share, representing approximately 16.7% of its enlarged share capital. The net proceeds of approximately HK$3.95 million will be used for general working capital purposes, altering the company’s shareholding structure and potentially strengthening its financial position.
More about Sterling Group Holdings Limited
YTD Price Performance: -2.22%
Average Trading Volume: 766,617
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$23.04M
See more insights into 1825 stock on TipRanks’ Stock Analysis page.