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Yuk Wing Group Holdings Ltd. Completes Share Placement

Yuk Wing Group Holdings Ltd. (HK:1536) has released an update.

Yuk Wing Group Holdings Ltd. successfully completed the placement of 76 million new shares, raising approximately HK$6.14 million to bolster its general working capital. The shares were placed at HK$0.0850 each to at least six independent third-party investors, none of whom became substantial shareholders. This placement has altered the company’s shareholding structure significantly, with new investors now holding 16.67% of the company.

For further insights into HK:1536 stock, check out TipRanks’ Stock Analysis page.

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