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Haichang Ocean Park Completes Major Share Subscription

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Haichang Ocean Park Completes Major Share Subscription

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Haichang Ocean Park Holdings Ltd. ( (HK:2255) ) has provided an update.

Haichang Ocean Park Holdings Ltd. has completed a significant subscription of shares, resulting in the issuance of 5.1 billion shares at HK$0.45 each, raising approximately HK$2,284 million. The proceeds will be used to support daily operations, promote core business development, and repay existing debts. This move alters the company’s shareholding structure, with the subscriber now holding a 38.60% stake, impacting the company’s financial stability and market positioning.

More about Haichang Ocean Park Holdings Ltd.

Haichang Ocean Park Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the operation of theme parks and related services. The company focuses on theme park operations, operation as a service, and intellectual properties.

Average Trading Volume: 52,095,768

Technical Sentiment Signal: Sell

Current Market Cap: HK$7.06B

See more data about 2255 stock on TipRanks’ Stock Analysis page.

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