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An update from Asia Resources Holdings Limited ( (HK:0899) ) is now available.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has announced a supplemental update regarding the placement of new shares under a general mandate. The company aims to raise approximately HK$25.49 million in net proceeds, which will be used for general working capital, including loan repayments and operational expenses for its Hong Kong office. This strategic move is intended to support the company’s growth and development, although the placement is contingent upon certain conditions being met.
More about Asia Resources Holdings Limited
Average Trading Volume: 5,054,860
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$118.2M
See more data about 0899 stock on TipRanks’ Stock Analysis page.