Kingbo Strike Ltd. (HK:1421) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kingbo Strike Ltd. has announced a share placement plan, aiming to issue up to 16.68 million new shares at HK$0.2 each, representing a discount from the recent trading price. The expected gross proceeds of HK$3.34 million are intended for general working capital. The placement is set to proceed under a general mandate without requiring further shareholder approval.
For further insights into HK:1421 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- 3 Penny Stocks to Watch Now, 11/29/24
- Musk’s Tesla Gigafactories Continue to Pollute Environment, Report Says
- Amazon Plans Huge AI Spends to Stay in the Race with Big Tech
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
