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YesAsia Holdings Completes New Share Issuance to Fund Expansion

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YesAsia Holdings Completes New Share Issuance to Fund Expansion

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The latest update is out from YesAsia Holdings Limited ( (HK:2209) ).

YesAsia Holdings Limited has completed the issuance of 4,100,000 new shares under a General Mandate, raising approximately HK$22,755,000. The proceeds will be used primarily for expanding the AsianBeautyWholesale business and general working capital, slightly altering the company’s shareholding structure.

The most recent analyst rating on (HK:2209) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on YesAsia Holdings Limited stock, see the HK:2209 Stock Forecast page.

More about YesAsia Holdings Limited

YesAsia Holdings Limited operates in the e-commerce industry, focusing on the sale and distribution of Asian beauty products. The company is known for its AsianBeautyWholesale business, which aims to expand its inventory for overseas warehouses.

Average Trading Volume: 1,187,766

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.83B

For an in-depth examination of 2209 stock, go to TipRanks’ Overview page.

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