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The latest announcement is out from China International Development Corporation Limited ( (HK:0264) ).
China International Development Corporation Limited has announced a supplemental clarification regarding the placing of new shares under a general mandate. The company revealed that the placing price of HK$1.78 per share represents a 12.83% discount to the average closing price of HK$2.042 per share over the last five trading days prior to the placing agreement. This move may have implications for the company’s market positioning and shareholder value.
More about China International Development Corporation Limited
YTD Price Performance: 64.74%
Average Trading Volume: 804,846
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.09B
See more data about 0264 stock on TipRanks’ Stock Analysis page.