Tesson Holdings Ltd. (HK:1201) has released an update.
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Tesson Holdings Limited has successfully completed the issuance of 120 million new shares, raising about HK$11.6 million net proceeds for general working capital purposes. The new shares account for approximately 5.46% of the enlarged share capital post-issuance. This move has slightly diluted the shareholding percentages of existing major shareholders, including the largest shareholder Double Key International Limited.
For further insights into HK:1201 stock, check out TipRanks’ Stock Analysis page.