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Yues International Completes Rights Issue, Raises HK$67.6 Million for Expansion

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Yues International Completes Rights Issue, Raises HK$67.6 Million for Expansion

Elevate Your Investing Strategy:

An announcement from Yues International Holdings Group Limited ( (HK:1529) ) is now available.

Yues International Holdings Group Limited successfully completed its Rights Issue, raising approximately HK$69.4 million in gross proceeds. The net proceeds of HK$67.6 million will be allocated towards general working capital and the development of its goat milk product business, with significant investments in research, marketing, and sourcing.

More about Yues International Holdings Group Limited

Yues International Holdings Group Limited is a company incorporated in the Cayman Islands, focusing on industries such as transportation, warehousing, and customization services. The company is also involved in the development of a goat milk product business in Inner Mongolia Autonomous Region.

Average Trading Volume: 504,806

Technical Sentiment Signal: Sell

Current Market Cap: HK$230.1M

See more data about 1529 stock on TipRanks’ Stock Analysis page.

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