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An announcement from Synertone Communication Corporation ( (HK:1613) ) is now available.
Synertone Communication Corporation announced that its proposed Rights Issue was approved in an extraordinary general meeting held on December 15, 2025. The resolution, which allows for two Rights Shares for every existing Share, was overwhelmingly supported by shareholders, with 99.99% voting in favor. This approval is expected to impact the company’s capital structure positively, potentially enhancing its market positioning and providing additional resources for growth.
The most recent analyst rating on (HK:1613) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on Synertone Communication Corporation stock, see the HK:1613 Stock Forecast page.
More about Synertone Communication Corporation
Synertone Communication Corporation is a company incorporated in the Cayman Islands, operating in the communication industry. The company is listed on the Stock Exchange of Hong Kong with a focus on providing communication solutions.
Average Trading Volume: 491,509
Technical Sentiment Signal: Sell
Current Market Cap: HK$94.24M
Find detailed analytics on 1613 stock on TipRanks’ Stock Analysis page.