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Many Idea Cloud Holdings Limited ( (HK:6696) ) has provided an announcement.
Many Idea Cloud Holdings Limited has announced an extraordinary general meeting scheduled for November 24, 2025, to discuss and approve a Rights Issue involving the allotment of 576,000,000 Rights Shares. This move is aimed at raising capital, with the Rights Issue priced at HK$0.4753 per share. The initiative includes a Placing Agreement and is subject to regulatory approvals, with implications for shareholder equity and potential market positioning.
More about Many Idea Cloud Holdings Limited
Many Idea Cloud Holdings Limited is a company incorporated in the Cayman Islands, operating within the financial sector. It is listed on the Hong Kong Stock Exchange under the stock code 6696.
Average Trading Volume: 687,346
Technical Sentiment Signal: Sell
Current Market Cap: HK$60.48M
See more insights into 6696 stock on TipRanks’ Stock Analysis page.