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Yee Hop Holdings Ltd. ( (HK:1662) ) has shared an update.
Yee Hop Holdings Limited has announced a placing of new shares under a general mandate, aiming to issue up to 15,000,000 shares at HK$2.35 each through Lego Securities Limited. This move, representing approximately 3% of the company’s current shares, is expected to raise net proceeds of HK$34.97 million, which will be used for purposes disclosed in the announcement. Trading of the company’s shares was temporarily halted but is set to resume following the announcement.
The most recent analyst rating on (HK:1662) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Yee Hop Holdings Ltd. stock, see the HK:1662 Stock Forecast page.
More about Yee Hop Holdings Ltd.
Yee Hop Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the financial sector and is listed on the Stock Exchange of Hong Kong under the stock code 1662.
Average Trading Volume: 1,238,406
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.35B
See more data about 1662 stock on TipRanks’ Stock Analysis page.