tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DL Holdings Completes Subscription of EEKA Shares

Story Highlights
DL Holdings Completes Subscription of EEKA Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

DL Holdings Group Limited ( (HK:1709) ) just unveiled an announcement.

DL Holdings Group Limited, a company incorporated in the Cayman Islands, has completed the subscription of new shares in EEKA Fashion Holdings Limited, also incorporated in the Cayman Islands. The completion of the subscription took place on October 15, 2025, with DL Holdings now holding approximately 0.7% of EEKA’s enlarged share capital. EEKA plans to use the net proceeds of approximately HK$29.6 million from this subscription to repay a loan facility due in December 2025. This strategic cooperation and investment agreement marks a significant step for both companies, potentially impacting their market positions and financial strategies.

The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.

More about DL Holdings Group Limited

Average Trading Volume: 64,856,171

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.31B

See more data about 1709 stock on 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
1