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Wing Chi Holdings Limited Announces New Share Placement to Raise HK$15.2 Million

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Wing Chi Holdings Limited Announces New Share Placement to Raise HK$15.2 Million

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An update from Wing Chi Holdings Limited ( (HK:6080) ) is now available.

Wing Chi Holdings Limited has entered into a Placing Agreement with Yellow River Securities Limited to issue up to 186,600,000 new shares at HK$0.085 per share, representing a discount to recent trading prices. The proceeds, estimated at a net amount of HK$15.2 million, will be used for working capital and future business opportunities, potentially impacting the company’s market position by enhancing its financial resources.

More about Wing Chi Holdings Limited

Wing Chi Holdings Limited is a company incorporated in the Cayman Islands with limited liability, listed on the Hong Kong Stock Exchange under the stock code 6080. The company is involved in the financial industry, focusing on securities and related market activities.

Average Trading Volume: 1,265,333

Technical Sentiment Signal: Buy

Current Market Cap: HK$94.31M

See more insights into 6080 stock on TipRanks’ Stock Analysis page.

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