Shougang Fushan Rights Issue Sees Strong Demand

Shougang Fushan Resources Group Limited (HK:0639) has released an update.

Shougang Fushan Resources Group Limited successfully concluded its rights issue, with applications received for 4.44 times the available shares, demonstrating strong investor interest. The issue, which offered one rights share for every thirty existing shares, became unconditional on November 6, 2024. This positive outcome is likely to bolster the company’s financial standing and market confidence.

For further insights into HK:0639 stock, check out TipRanks’ Stock Analysis page.

Trending Articles

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

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.