Tian Tu Capital Revises Global Offering Proceeds Plan
Company Announcements

Tian Tu Capital Revises Global Offering Proceeds Plan

Tian Tu Capital Co., Ltd. Class H (HK:1973) has released an update.

Tian Tu Capital Co., Ltd. has announced a re-allocation of the unutilized net proceeds from its Global Offering, amounting to approximately RMB354.6 million, following adjustments to the actual issuance cost. The Board has outlined a new expected timeline for utilizing these funds by the end of 2025, focusing on private equity fund management, direct investment business, and general corporate purposes. Shareholder approval is required for these changes to proceed.

For further insights into HK:1973 stock, check out TipRanks’ Stock Analysis page.

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