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EEKA Fashion Completes Share Subscription with DL Holdings

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EEKA Fashion Completes Share Subscription with DL Holdings

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An update from EEKA Fashion Holdings Limited ( (HK:3709) ) is now available.

EEKA Fashion Holdings Limited has completed a subscription agreement with DL Holdings Group Limited, resulting in the issuance of 4,600,000 new shares. This transaction allows DL Group to hold approximately 0.7% of EEKA’s enlarged share capital. The proceeds of HK$29.6 million from this subscription will be used by EEKA to repay a loan facility due in December 2025, impacting its financial obligations positively.

The most recent analyst rating on (HK:3709) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on EEKA Fashion Holdings Limited stock, see the HK:3709 Stock Forecast page.

More about EEKA Fashion Holdings Limited

EEKA Fashion Holdings Limited is a company incorporated in the Cayman Islands, operating in the fashion industry. It focuses on the design, manufacture, and retail of fashion apparel.

Average Trading Volume: 1,863,348

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.33B

For detailed information about 3709 stock, go to TipRanks’ Stock Analysis page.

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