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Ev Dynamics Announces Share Subscription Agreement

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Ev Dynamics Announces Share Subscription Agreement

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An announcement from Ev Dynamics (Holdings) Limited ( (HK:0476) ) is now available.

Ev Dynamics (Holdings) Limited has announced a special general meeting to approve a subscription agreement with Total Honest Investment Limited for the issuance of 60,000,000 new shares at HK$0.45 per share. This move is expected to provide the company with additional capital to support its operations and strategic initiatives, potentially enhancing its market position and offering implications for shareholders regarding share dilution and future growth prospects.

More about Ev Dynamics (Holdings) Limited

Ev Dynamics (Holdings) Limited operates in the electric vehicle industry, focusing on the development and production of electric vehicles and related components. The company is positioned within the growing market for sustainable transportation solutions.

Average Trading Volume: 1,543,351

Technical Sentiment Signal: Hold

Current Market Cap: HK$149.8M

See more data about 0476 stock on TipRanks’ Stock Analysis page.

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