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Winshine Science Co., Ltd. ( (HK:0209) ) has shared an update.
Winshine Science Co., Ltd. has announced a proposed rights issue, offering seven rights shares for every existing share at a subscription price of HK$0.14 per rights share, aiming to raise approximately HK$182 million. The rights issue is fully underwritten, with substantial shareholder Ms. Wang and her corporation, Peak Access, providing irrevocable undertakings to subscribe to their entitlements, potentially strengthening the company’s financial position and market presence.
More about Winshine Science Co., Ltd.
Winshine Science Co., Ltd. is a company incorporated in Bermuda with limited liability, focusing on scientific advancements and innovations. It is listed on the Stock Exchange of Hong Kong under the stock code 209.
Average Trading Volume: 6,569,555
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$32.68M
For a thorough assessment of 0209 stock, go to TipRanks’ Stock Analysis page.