Zhongtian Construction (Hunan) Group Limited (HK:2433) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Zhongtian Construction (Hunan) Group Limited has announced a conditional agreement with I Win Securities Limited to place up to 96 million new shares, representing 20% of its current issued share capital and about 16.7% post-issue. The placement, priced at HK$0.162 per share, is contingent on the Hong Kong Stock Exchange’s approval and is aimed at at least six independent third-party placees. Shareholders and potential investors are advised to exercise caution as the placement’s completion remains uncertain.
For further insights into HK:2433 stock, check out TipRanks’ Stock Analysis page.