Kingkey Financial Revises Rights Issue Subscription Price

Kingkey Financial International (Holdings) Ltd. (HK:1468) has released an update.

Kingkey Financial International (Holdings) Ltd. has revised its subscription price for the proposed rights issue, lowering it from HK$0.91 to HK$0.76 per Rights Share. This adjustment aims to reflect current market conditions and remains beneficial for shareholders. The company plans to utilize the proceeds primarily to expand its securities and money lending businesses.

For further insights into HK:1468 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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