AustChina Holdings Limited ( (AU:AUH) ) has issued an update.
AustChina Holdings Limited has issued 20 million fully paid ordinary shares at $0.001 per share to director Mena Habib, following a placement announced in November 2024. The issuance was conducted without disclosure to investors under the Corporations Act, complying with necessary legal provisions and confirming no ‘excluded information’ required disclosure. This move reflects AustChina’s ongoing strategic initiatives to strengthen its financial positioning and enhance stakeholder value.
More about AustChina Holdings Limited
AustChina Holdings (ASX: AUH) is a junior ASX-listed company focused on the energy and mineral resources sectors. It aims to expand its presence in developing energy markets through strategic investments in minerals and energy. The company is involved in several projects, including the Blackall Coal Project in Queensland, copper exploration investments, and a stake in the Organic Waste developer Utilitas Group Pty Ltd.
Current Market Cap: A$3.6M
See more data about AUH stock on TipRanks’ Stock Analysis page.