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Wan Kei Group Holdings Limited ( (HK:1718) ) has issued an announcement.
Wan Kei Group Holdings Limited, a company incorporated in the Cayman Islands, has announced the results of its recent Rights Issue, which was based on one Rights Share for every one Share held. The Rights Issue was approximately 35.15% subscribed, resulting in 74,708,190 Unsubscribed Shares, which were successfully placed at the subscription price. The total gross proceeds from the Rights Issue amounted to approximately HK$23.0 million, with net proceeds of approximately HK$21.7 million intended for general working capital. The shareholding structure of the company has been adjusted, with independent placees now holding a significant portion of shares.
More about Wan Kei Group Holdings Limited
Average Trading Volume: 334,528
Technical Sentiment Signal: Sell
Current Market Cap: HK$55.12M
For a thorough assessment of 1718 stock, go to TipRanks’ Stock Analysis page.