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Success Dragon International Holdings Ltd. ( (HK:1182) ) has provided an update.
Success Dragon International Holdings Limited announced a discloseable transaction involving the acquisition of machinery and equipment used in gold-laden carbon processing. The purchase, valued at approximately HKD23,573,000, will be financed by proceeds from a previous rights issue. This transaction, subject to certain conditions, underscores the company’s strategic investment in enhancing its operational capabilities. Shareholders and investors are advised to exercise caution as the completion of the transaction is contingent on the fulfillment of various conditions.
More about Success Dragon International Holdings Ltd.
YTD Price Performance: 34.33%
Average Trading Volume: 574,102
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$157.3M
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