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Asia Television Holdings Updates on Share Placement Plans

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Asia Television Holdings Updates on Share Placement Plans

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Asia Television Holdings Limited ( (HK:0707) ) has issued an update.

Asia Television Holdings Limited announced a supplemental update regarding its plan to place new shares under a general mandate, aiming to raise approximately HK$20.56 million. The proceeds are intended to be used for general working capital, including rental and utilities expenses, salaries, professional fees, and other operational costs. The completion of the share placement is contingent upon fulfilling certain conditions, and stakeholders are advised to exercise caution.

More about Asia Television Holdings Limited

Asia Television Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the television and media industry. The company is listed on the Hong Kong Stock Exchange under the stock code 707.

YTD Price Performance: -17.00%

Average Trading Volume: 6,050,992

Technical Sentiment Signal: Hold

Current Market Cap: HK$159.3M

For an in-depth examination of 0707 stock, go to TipRanks’ Stock Analysis page.

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