Wan Kei Group Holdings Limited Announces Rights Issue Results and Compensatory Arrangements

An announcement from Wan Kei Group Holdings Limited ( (HK:1718) ) is now available.

Wan Kei Group Holdings Limited announced the results of its Rights Issue, revealing that only 35.15% of the offered shares were subscribed, leaving 64.85% unsubscribed. The company has arranged for these unsubscribed shares to be placed with independent placees, with any net gain distributed to shareholders who did not take action or were excluded, on a pro-rata basis.

More about Wan Kei Group Holdings Limited

Wan Kei Group Holdings Limited is a company incorporated in the Cayman Islands, operating in the financial sector with a focus on managing share issues and related financial arrangements.

YTD Price Performance: 4.17%

Average Trading Volume: 323,919

Technical Sentiment Signal: Buy

Current Market Cap: HK$56.02M

For an in-depth examination of 1718 stock, go to TipRanks’ Stock Analysis page.