tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tian Cheng Holdings Completes Share Placement

Tian Cheng Holdings Completes Share Placement

Yue Kan Holdings Limited (HK:2110) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Tian Cheng Holdings Limited has successfully completed the placement of 33,120,000 new shares, raising net proceeds of approximately HK$3.1 million for general working capital. This move has resulted in a slight shift in the company’s shareholding structure, with the new placees collectively owning 11.04% of the enlarged share capital. The shares were placed at a price of HK$0.1 each to a group of at least six investors who are not connected to the company.

For further insights into HK:2110 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1