Times Universal Group Holdings (HK:2310) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Times Universal Group Holdings Limited has fully utilized the net proceeds from its 2020 Rights Issue, which raised approximately HK$52 million, to cover various expenses including bond repayment, Filecoin purchase, and general working capital needs. The additional information provided updates the company’s 2023 Annual Report, detailing the revised allocation and complete utilization of funds by the end of 2023. Despite these updates, the rest of the 2023 Annual Report remains unchanged.
For further insights into HK:2310 stock, check out TipRanks’ Stock Analysis page.