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Tomo Holdings Limited Announces Rights Issue Results and Compensatory Arrangements

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Tomo Holdings Limited Announces Rights Issue Results and Compensatory Arrangements

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Tomo Holdings Limited ( (HK:6928) ) has shared an update.

Tomo Holdings Limited announced the results of its Rights Issue, where 63.43% of the offered shares were subscribed, leaving 36.57% unsubscribed. The company has arranged for these unsubscribed shares to be placed with independent placees, with any net gain distributed to certain shareholders on a pro-rata basis.

The most recent analyst rating on (HK:6928) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tomo Holdings Limited stock, see the HK:6928 Stock Forecast page.

More about Tomo Holdings Limited

Tomo Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability and listed on the Stock Exchange of Hong Kong. The company is involved in financial activities related to stock issuance and management.

Average Trading Volume: 2,817,137

Technical Sentiment Signal: Sell

Current Market Cap: HK$147.8M

See more data about 6928 stock on TipRanks’ Stock Analysis page.

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