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An update from Guan Chao Holdings Limited ( (HK:1872) ) is now available.
Guan Chao Holdings Limited has announced a further extension of the Long Stop Date for the placing of up to 90,195,000 new shares under a general mandate. This extension, now set to 18 July 2025, is necessary to fulfill the conditions precedent in the Placing Agreement. The completion of this placing is contingent upon meeting these conditions, and the company advises shareholders and potential investors to exercise caution.
More about Guan Chao Holdings Limited
Guan Chao Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the financial sector, focusing on securities and share placements.
Average Trading Volume: 2,246,711
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.29B
See more data about 1872 stock on TipRanks’ Stock Analysis page.