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Vixtel Technologies Holdings Ltd. ( (HK:1782) ) has provided an announcement.
Vixtel Technologies Holdings Ltd. has announced a placing agreement with DL Securities (Hong Kong) Limited to issue up to 28,000,000 new shares at HK$3.60 each, representing a discount to recent trading prices. The move aims to raise approximately HK$99.72 million in net proceeds, subject to conditions being met, and reflects the company’s strategy to strengthen its capital base.
The most recent analyst rating on (HK:1782) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Vixtel Technologies Holdings Ltd. stock, see the HK:1782 Stock Forecast page.
More about Vixtel Technologies Holdings Ltd.
Average Trading Volume: 768,181
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.05B
For a thorough assessment of 1782 stock, go to TipRanks’ Stock Analysis page.