Synertone Communication Corporation (HK:1613) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Synertone Communication Corporation has agreed to issue over 74 million new shares at a discounted price of HK$0.28 each, potentially raising approximately HK$20.7 million after expenses. This strategic move aims to bolster the company’s smartphone distribution business and enhance its financial standing, while expanding its shareholder base.
For further insights into HK:1613 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue