tiprankstipranks
Trending News
More News >

Ban Loong Holdings Adjusts Share Placing Price to Boost ASEAN Expansion

Story Highlights

Ban Loong Holdings Limited ( (HK:0030) ) has issued an announcement.

Ban Loong Holdings Limited has entered into a supplemental agreement to adjust the placing price of new shares under a general mandate. The new placing price is set at HK$0.1161, representing a discount to recent trading prices. The company aims to use the proceeds from this placing to enhance its international business development, particularly in Southeast Asia, and to support general working capital and future investments.

More about Ban Loong Holdings Limited

Technical Sentiment Signal: Buy

Current Market Cap: €112.2M

For detailed information about 0030 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App