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Ta Yang Group Holdings Updates on Share Issuance and Fund Allocation

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Ta Yang Group Holdings Updates on Share Issuance and Fund Allocation

Confident Investing Starts Here:

Ta Yang Group Holdings Limited ( (HK:1991) ) just unveiled an announcement.

Ta Yang Group Holdings Limited has announced a supplemental update regarding the issuance of shares under a general mandate. The company plans to use the approximately HK$12 million in net proceeds primarily as working capital to support its business development, particularly in the digital marketing sector. The funds will be allocated towards purchasing digital marketing hardware and equipment, developing digital marketing system software, and covering legal and professional fees. Shareholders and potential investors are advised to exercise caution as the completion of the subscriptions is subject to certain conditions.

More about Ta Yang Group Holdings Limited

YTD Price Performance: -28.00%

Average Trading Volume: 123,906

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$94.57M

See more data about 1991 stock on TipRanks’ Stock Analysis page.

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