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Wenye Group Holdings Limited ( (HK:1802) ) has provided an update.
Wenye Group Holdings Limited has announced the completion of a significant share subscription agreement, resulting in the issuance of 237,600,000 new shares. This move, which increases the company’s issued share capital by approximately 28.6%, is expected to enhance the company’s financial standing and market presence. The subscription was completed at a price of HK$0.055 per share, with new shareholders including HK Monkey Asset Management and Shenzhen Xinhengfeng, contributing to a diversified shareholder base and maintaining a public float of at least 25%.
More about Wenye Group Holdings Limited
YTD Price Performance: -5.00%
Average Trading Volume: 2,049,740
Technical Sentiment Signal: Buy
Current Market Cap: HK$36.83M
Find detailed analytics on 1802 stock on TipRanks’ Stock Analysis page.
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