tiprankstipranks
China Ruyi Holdings Concludes Multi-Billion Share Issuance
Company Announcements

China Ruyi Holdings Concludes Multi-Billion Share Issuance

China Ruyi Holdings Limited (HK:0136) has released an update.

Don't Miss Our Christmas Offers:

China Ruyi Holdings Limited announces the successful completion of its share subscription agreements, having raised a total of HK$4 billion through the issuance of 2.5 billion new shares at HK$1.60 each. The capital raised will be allocated as detailed in the company’s prior circular. This strategic move alters the company’s shareholding structure, redistributing the percentages held among directors, substantial shareholders, and public shareholders.

For further insights into HK:0136 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App