Link-Asia International Medtech Group Ltd. (HK:1143) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
China Energy Storage Technology Development Limited has successfully completed the placement of 17,256,000 new shares, raising approximately HK$26.1 million in gross proceeds. The net proceeds, after expenses, amount to about HK$25.3 million, which will be mainly used for the development of renewable energy storage systems for electric vehicles. The placement has slightly adjusted the company’s shareholding structure, with new placees now holding 7.7% of the enlarged share capital.
For further insights into HK:1143 stock, check out TipRanks’ Stock Analysis page.