APQ Global Seeks Shareholder Approval for Potential Fundraising

An update from APQ Global ( (GB:APQ) ) is now available.

APQ Global Limited has announced the publication of a circular and notice of an extraordinary general meeting to discuss proposals for issuing new ordinary shares. The company is seeking shareholder approval to potentially raise equity capital by disapplying pre-emption rights, which is considered necessary due to recent developments. This move could impact the company’s capacity to strategically invest and expand its portfolio in the emerging markets it targets.

More about APQ Global

APQ Global Limited is an investment company based in Guernsey, focusing on global investment activities particularly in emerging markets like Asia, Latin America, Eastern Europe, the Middle East, Africa, and the Channel Islands. The company aims to deliver attractive returns and capital growth by building growing businesses and engaging in income-generating operations in capital markets. APQ Global maintains a diversified and liquid portfolio, taking strategic stakes in selected businesses with plans to acquire operational control of companies.

YTD Price Performance: -69.23%

Average Trading Volume: 81,876

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.57M

For a thorough assessment of APQ stock, go to TipRanks’ Stock Analysis page.