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Zhongzheng International Company Limited ( (HK:0943) ) has shared an announcement.
Zhongzheng International Company Limited has entered into a Disposal Agreement to sell a property for RMB58.0 million, with a leaseback arrangement for one year. Additionally, the company has decided to reallocate HK$32.9 million from its unutilized Rights Issue proceeds to support strategic adjustments in its healthcare and household products business and bolster general working capital, reflecting its response to a challenging market environment.
More about Zhongzheng International Company Limited
Zhongzheng International Company Limited is a company incorporated in Bermuda, focusing on the healthcare and household products industry. The company is involved in strategic adjustments and business transformations to enhance its market position.
Average Trading Volume: 1,026,158
Technical Sentiment Signal: Buy
Current Market Cap: HK$398.7M
Find detailed analytics on 0943 stock on TipRanks’ Stock Analysis page.