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China Fortune Holdings to Issue New Shares Under General Mandate

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China Fortune Holdings to Issue New Shares Under General Mandate

China Fortune Holdings Limited ( (HK:0110) ) has shared an announcement.

China Fortune Holdings Limited, a company incorporated in Bermuda and operating in Hong Kong, has entered into Subscription Agreements to issue 16,000,000 new shares at a price of HK$0.26 per share under a General Mandate. This move represents approximately 6.7% of the company’s existing issued share capital and 6.3% of the enlarged share capital. The completion of these subscriptions is conditional, and stakeholders are advised to proceed with caution.

More about China Fortune Holdings Limited

YTD Price Performance: -5.00%

Average Trading Volume: 3,967

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €5.31M

For detailed information about 0110 stock, go to TipRanks’ Stock Analysis page.

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