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Zhongzheng International Company Limited ( (HK:0943) ) has issued an announcement.
Zhongzheng International Company Limited announced the results of its Rights Issue, which was undersubscribed by approximately 17.3%. Despite this, the underwriting agreement ensured all untaken shares were acquired, raising net proceeds of approximately HK$112.0 million. The company plans to use these funds to repay outstanding debt, support strategic adjustments in its business, and for general working purposes.
More about Zhongzheng International Company Limited
Zhongzheng International Company Limited operates in the manufacturing and sale of healthcare and household products. The company is focused on strategic adjustments and business transformation within its industry.
Average Trading Volume: 978,690
Technical Sentiment Signal: Hold
Current Market Cap: HK$397M
Learn more about 0943 stock on TipRanks’ Stock Analysis page.