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The latest announcement is out from Ta Yang Group Holdings Limited ( (HK:1991) ).
Ta Yang Group Holdings Limited has entered into Subscription Agreements to issue 28,660,000 shares at HK$1.20 per share, representing about 19.99% of the existing issued shares. The net proceeds of approximately HK$34.39 million will be used as general working capital to support business development, including digital marketing. The issuance is under a General Mandate and doesn’t require shareholder approval, but completion is subject to conditions in the agreements.
More about Ta Yang Group Holdings Limited
Average Trading Volume: 144,075
Technical Sentiment Signal: Sell
Current Market Cap: HK$94.61M
Find detailed analytics on 1991 stock on TipRanks’ Stock Analysis page.