Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Birmingham Sports Holdings Limited ( (HK:2309) ) has issued an update.
ZO Future Group, a company listed on the Hong Kong Stock Exchange, has announced the completion of a connected transaction involving the subscription and issue of the first tranche of subscription shares. This transaction, which was finalized on June 5, 2025, resulted in the issuance of 32,258,065 shares at a subscription price of HK$1.86 per share, altering the company’s shareholding structure. The completion of this transaction increases the stake of the Subscriber, a wholly-owned subsidiary of Graticity Real Estate Development Co., Ltd., to 26.63%, while the overall public shareholding decreased to 33.97%. This strategic move is likely to impact the company’s market positioning and stakeholder interests.
More about Birmingham Sports Holdings Limited
Average Trading Volume: 2,671,836
Technical Sentiment Signal: Sell
Current Market Cap: HK$2B
For an in-depth examination of 2309 stock, go to TipRanks’ Stock Analysis page.