The latest update is out from Champion Technology Holdings ( (HK:0092) ).
Champion Technology Holdings Limited has successfully completed the placement of 164,112,000 new shares under a general mandate on February 4, 2025. The placement was made to at least six independent parties, raising net proceeds of approximately HK$38.5 million, which are intended to be used primarily as working capital for the company’s Green Energy Business. This strategic fund-raising initiative is expected to strengthen the company’s operations in the green energy sector and enhance its market position, while maintaining the current shareholding structure without creating any new controlling or substantial shareholders.
More about Champion Technology Holdings
Champion Technology Holdings Limited operates in the technology sector and focuses on providing innovative solutions, with a particular emphasis on their Green Energy Business. The company is listed on the Stock Exchange of Hong Kong and is known for its commitment to integrating advanced technology into sustainable energy solutions.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $26.85M
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