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An announcement from Yues International Holdings Group Limited ( (HK:1529) ) is now available.
Yues International Holdings Group Limited announced the results of its rights issue, revealing that approximately 93.53% of the offered rights shares were accepted and applied for. The company has arranged for the placement of the remaining unsubscribed rights shares through a placing agent, with any net gain from the placement to be distributed to non-action shareholders on a pro-rata basis. This move is expected to impact the company’s capital structure and potentially benefit shareholders through the compensatory arrangements.
More about Yues International Holdings Group Limited
Yues International Holdings Group Limited is a company incorporated in the Cayman Islands with limited liability, operating in the financial sector. The company is involved in managing securities and financial services, focusing on rights issues and capital management.
YTD Price Performance: 102.50%
Average Trading Volume: 504,219
Technical Sentiment Signal: Buy
Current Market Cap: HK$270.2M
Learn more about 1529 stock on TipRanks’ Stock Analysis page.