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China Star Food Group Ltd. ( (SG:42W) ) has issued an update.
Zixin Group Holdings Limited has announced the allotment and issuance of 194,500,000 new shares following the exercise of company options under a share option agreement. This move increases the company’s total shares from 1,736,633,242 to 1,931,133,242 and raises its issued and paid-up capital from S$214,462,103 to S$220,297,103. The new shares are expected to be listed on the Catalist Board on November 28, 2025. This development signifies a significant capital influx for Zixin Group Holdings Limited, potentially enhancing its financial flexibility and market position.
The most recent analyst rating on (SG:42W) stock is a Buy with a S$0.06 price target. To see the full list of analyst forecasts on China Star Food Group Ltd. stock, see the SG:42W Stock Forecast page.
More about China Star Food Group Ltd.
Average Trading Volume: 19,551,684
Technical Sentiment Signal: Sell
Current Market Cap: S$59.05M
For a thorough assessment of 42W stock, go to TipRanks’ Stock Analysis page.