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The latest announcement is out from Tesson Holdings Ltd. ( (HK:1201) ).
Tesson Holdings Limited, a company incorporated in Bermuda, has announced the successful completion of its issuance of new shares under a specific mandate and connected transactions. The company has allotted and issued 100,000,000 subscription shares at a price of HK$0.5 per share, which now represents approximately 31.28% of the company’s enlarged share capital. This move significantly alters the shareholding structure, with Double Key increasing its stake from 61.81% to 65.93%, while new shareholders Mr. Wei Mingren and Mr. Li Yuqi have acquired stakes of 4.07% and 3.75%, respectively. This strategic issuance is expected to impact the company’s market positioning and stakeholder dynamics.
The most recent analyst rating on (HK:1201) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tesson Holdings Ltd. stock, see the HK:1201 Stock Forecast page.
More about Tesson Holdings Ltd.
Average Trading Volume: 57,677
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$153.8M
For an in-depth examination of 1201 stock, go to TipRanks’ Overview page.