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Value Convergence Holdings Limited ( (HK:0821) ) has issued an update.
Value Convergence Holdings Limited has announced an extraordinary general meeting to discuss and potentially approve a rights issue and a placing agreement. The rights issue involves the allotment of up to 544,744,608 shares at HK$0.45 each, while the placing agreement pertains to the placement of unsubscribed shares. These measures are aimed at raising capital and could impact the company’s financial stability and shareholder value.
More about Value Convergence Holdings Limited
Value Convergence Holdings Limited is a company incorporated in Hong Kong, operating in the financial services industry. It focuses on providing brokerage and financial advisory services, with a market presence primarily in Hong Kong.
Average Trading Volume: 536,344
Technical Sentiment Signal: Buy
Current Market Cap: HK$148.4M
Find detailed analytics on 0821 stock on TipRanks’ Stock Analysis page.