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Tiangong International Completes Successful TG Tech Public Offering

Story Highlights
  • Tiangong International completed the public offering of TG Tech with the over-placing option fully executed.
  • The company now holds 67.63% of TG Tech’s enlarged share capital, a slight decrease of 0.94%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tiangong International Completes Successful TG Tech Public Offering

Confident Investing Starts Here:

An update from Tiangong International Co. Ltd. ( (HK:0826) ) is now available.

Tiangong International Co. Ltd. announced the successful completion of the public offering of TG Tech on the Beijing Stock Exchange, with the over-placing option fully executed. The company issued 9,000,000 new TG Tech shares to 12 placees at RMB3.94 per share, resulting in Tiangong International holding 67.63% of the enlarged issued share capital of TG Tech, a slight decrease of 0.94%. This development marks a significant milestone for Tiangong International, potentially enhancing its market presence and financial standing.

More about Tiangong International Co. Ltd.

Average Trading Volume: 22,661,999

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.5B

For an in-depth examination of 0826 stock, go to TipRanks’ Stock Analysis page.

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