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China Kingstone Mining Holdings Ltd ( (HK:1380) ) has provided an update.
China Kingstone Mining Holdings Limited has completed the issuance of 19,137,888 new shares under a General Mandate, representing approximately 4.91% of its enlarged share capital. The issuance raised net proceeds of HK$3,460,000, which the company intends to use as general working capital. This move impacts the company’s shareholding structure, with the new subscriber now holding a 4.91% stake, while the percentage held by other public shareholders decreased.
More about China Kingstone Mining Holdings Ltd
China Kingstone Mining Holdings Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the mining industry, focusing on the extraction and production of mineral resources.
Average Trading Volume: 2,865,394
Technical Sentiment Signal: Hold
Current Market Cap: HK$67.02M
For an in-depth examination of 1380 stock, go to TipRanks’ Overview page.