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Wing Chi Holdings Limited ( (HK:6080) ) has shared an announcement.
Wing Chi Holdings Limited has successfully completed the placement of new shares under a general mandate, issuing 186,600,000 shares at HK$0.085 each, raising approximately HK$15.2 million in net proceeds. The funds will be used to enhance the company’s financial position, with allocations for new construction contracts, settling outstanding payables, and general working capital, potentially impacting its operational capabilities and market positioning.
More about Wing Chi Holdings Limited
Average Trading Volume: 2,006,945
Technical Sentiment Signal: Buy
Current Market Cap: HK$146.6M
For a thorough assessment of 6080 stock, go to TipRanks’ Stock Analysis page.