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Tycoon Group Holdings Limited ( (HK:3390) ) has issued an announcement.
Tycoon Group Holdings Limited has completed the issuance of 94,000,000 shares under a general mandate at an issue price of HK$0.5 per share, with the completion taking place on May 22, 2025. This transaction has resulted in the Subscriber, an indirect wholly-owned subsidiary of Jacobson Pharma, becoming a substantial shareholder with a 16.84% stake in the company, thus establishing new connected person relationships and ongoing connected transactions under the Listing Rules.
More about Tycoon Group Holdings Limited
Average Trading Volume: 19,985,482
Technical Sentiment Signal: Sell
Current Market Cap: HK$364M
For detailed information about 3390 stock, go to TipRanks’ Stock Analysis page.