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Theme International Holdings Limited ( (HK:0990) ) has issued an update.
Theme International Holdings Limited announced a subscription of new shares under a general mandate, raising funds to expand its operations in the mining resources sector, particularly in Indonesia. The proceeds will be used for business expansion through acquisitions or joint ventures, acquisition of nickel and bauxite deposits, and trading and processing of these minerals, with the aim to utilize the funds within nine months.
More about Theme International Holdings Limited
Theme International Holdings Limited operates in the mining resources sector, focusing on trading and processing nickel and bauxite. The company has expanded its operations to Indonesia, aiming to grow its business activities in this industry.
Average Trading Volume: 23,532,456
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.08B
Learn more about 0990 stock on TipRanks’ Stock Analysis page.