tiprankstipranks
Trendzon Holdings Completes Transformative Rights Issue
Company Announcements

Trendzon Holdings Completes Transformative Rights Issue

Trendzon Holdings Group Limited (HK:1865) has released an update.

Don't Miss our Black Friday Offers:

Trendzon Holdings Group Limited successfully completed its Rights Issue, raising approximately HK$100.2 million after expenses. The issue, which offered four Rights Shares for every existing share, saw substantial participation, with Mr. Liu Jianfu becoming a significant shareholder. This move significantly altered the company’s shareholding structure, expanding its total issued shares to 708.4 million.

For further insights into HK:1865 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