Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Zhongshen Jianye Holding Limited ( (HK:2503) ) has issued an announcement.
Zhongshen Jianye Holding Limited has announced the subscription of new shares under a general mandate. The company has entered into agreements to issue a total of 102,960,000 new shares at HK$0.50 each, representing a 15.25% discount to the current share price. This move will account for 20% of their current issued share capital and is expected to enhance their financial flexibility. The completion of the transaction is subject to certain conditions, and stakeholders are advised to exercise caution as the subscription may not proceed.
More about Zhongshen Jianye Holding Limited
YTD Price Performance: -9.38%
Average Trading Volume: 1,162,295
Technical Sentiment Consensus Rating: Strong Buy
Find detailed analytics on 2503 stock on TipRanks’ Stock Analysis page.