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Green Economy Development Limited ( (HK:1315) ) has issued an announcement.
Green Economy Development Limited announced a supplemental update to its annual report for the year ended 31 March 2025, detailing the use of proceeds from a Rights Issue. The company disclosed that a significant portion of the funds remains unutilized, with plans to invest in other business opportunities and cover general administrative expenses in the coming year. This update provides shareholders with insights into the company’s financial strategy and future investment plans, potentially impacting its operational focus and market positioning.
More about Green Economy Development Limited
Green Economy Development Limited is a company incorporated in the Cayman Islands, focusing on green economy initiatives. It operates within the industry of sustainable development, offering products and services aimed at promoting environmental sustainability.
Average Trading Volume: 864,247
Technical Sentiment Signal: Sell
Current Market Cap: HK$73.38M
For a thorough assessment of 1315 stock, go to TipRanks’ Stock Analysis page.