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C.banner International Holdings Ltd. ( (HK:1028) ) has provided an announcement.
C.banner International Holdings Ltd. announced plans to issue new shares and unlisted warrants under specific mandates. The company entered into agreements to issue 415.4 million subscription shares and 474.5 million warrants, aiming to raise approximately HK$96 million in net proceeds. This strategic move is expected to enhance the company’s capital base and support its growth initiatives, with potential implications for its market positioning and shareholder value.
The most recent analyst rating on (HK:1028) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on C.banner International Holdings Ltd. stock, see the HK:1028 Stock Forecast page.
More about C.banner International Holdings Ltd.
C.banner International Holdings Ltd. is a company incorporated in Bermuda with limited liability, primarily operating in the fashion industry. It is known for its focus on designing, manufacturing, and retailing footwear and related products, catering to a diverse market.
Average Trading Volume: 625,403
Technical Sentiment Signal: Buy
Current Market Cap: HK$510.9M
Learn more about 1028 stock on TipRanks’ Stock Analysis page.