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Winshine Science Co., Ltd. ( (HK:0209) ) has issued an announcement.
Winshine Science Co., Ltd. has entered into a Placing Agreement with Imagi Brokerage Limited to place 30,951,496 new shares at a price of HK$0.350 per share. This placement, representing 20% of the existing total issued shares, is expected to raise gross proceeds of HK$10,833,023.60, which will be used for loan repayment and general corporate purposes. The move is aimed at strengthening the company’s financial position and operational capabilities.
More about Winshine Science Co., Ltd.
Winshine Science Co., Ltd. is a company incorporated in Bermuda with limited liability, operating in the financial sector. The company is involved in the issuance and placement of shares, focusing on expanding its market presence and securing financial stability through strategic share placements.
Average Trading Volume: 4,020,177
Technical Sentiment Signal: Buy
Current Market Cap: HK$44.88M
For an in-depth examination of 0209 stock, go to TipRanks’ Overview page.