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Zhongshen Jianye Completes New Share Subscription

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Zhongshen Jianye Holding Limited ( (HK:2503) ) has shared an announcement.

Zhongshen Jianye Holding Limited has successfully completed the subscription of new shares under a general mandate, issuing 123,552,000 shares at a price of HK$0.61 each. This issuance represents approximately 16.67% of the company’s enlarged share capital, raising net proceeds of approximately HK$75.1 million to support capital needs, project cash flow, and general working capital.

More about Zhongshen Jianye Holding Limited

Average Trading Volume: 1,370,750

Technical Sentiment Signal: Strong Buy

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