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China International Development Corporation Limited ( (HK:0264) ) has shared an announcement.
China International Development Corporation Limited has announced a clarification regarding the placing of new shares under a general mandate. The company specified that the placing price of HK$1.78 per share represents a discount of approximately 10.28% compared to the average closing price of HK$1.984 over the last five trading days prior to the placing agreement. This announcement aims to provide transparency and ensure stakeholders are informed about the pricing strategy related to the new share placement.
More about China International Development Corporation Limited
Average Trading Volume: 3,258,105
Technical Sentiment Signal: Buy
Current Market Cap: HK$828.9M
For a thorough assessment of 0264 stock, go to TipRanks’ Stock Analysis page.