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An announcement from Teamway International Group Holdings Limited ( (HK:1239) ) is now available.
Teamway International Group Holdings Limited has entered into a subscription agreement with a Singapore-based investment and trust management company to issue 39,456,175 new shares at HK$0.341 each. This issuance represents 10% of the current share capital and aims to raise approximately HK$13.4 million for general working capital, potentially impacting the company’s financial flexibility and market positioning.
The most recent analyst rating on (HK:1239) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Teamway International Group Holdings Limited stock, see the HK:1239 Stock Forecast page.
More about Teamway International Group Holdings Limited
Average Trading Volume: 860,032
Technical Sentiment Signal: Buy
Current Market Cap: HK$136.1M
For detailed information about 1239 stock, go to TipRanks’ Stock Analysis page.