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Minieye Technology Completes Successful H Share Placement

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Minieye Technology Completes Successful H Share Placement

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Minieye Technology Co., Ltd. Class H ( (HK:2431) ) has issued an announcement.

Minieye Technology Co., Ltd has successfully completed the placing of 6,800,000 new H shares under its general mandate, generating gross proceeds of approximately HK$158.17 million. The placing, which was managed by a sole placing agent, involved institutional and corporate investors, and did not result in any new substantial shareholders, enhancing the company’s capital base and potentially strengthening its market position.

More about Minieye Technology Co., Ltd. Class H

Minieye Technology Co., Ltd is a joint stock company incorporated in the People’s Republic of China. The company operates within the technology sector, focusing on the development and distribution of advanced technological products and services. It is listed on the Stock Exchange of Hong Kong, trading under the stock code 2431.

Average Trading Volume: 1,152,923

For an in-depth examination of 2431 stock, go to TipRanks’ Overview page.

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