Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
China Silver Group Ltd. ( (HK:0815) ) has issued an update.
China Silver Group Ltd. has announced two subscription agreements involving the issuance of new shares under a general mandate, aimed at capitalizing outstanding loans. The Journey Grace Subscription Agreement will see the issuance of 129,516,934 new shares to Journey Grace, offsetting a loan from Shanghai Ougen, while the Medal Chains Subscription Agreement will issue 258,527,919 new shares to Medal Chains, offsetting a loan from Shanghai Qimao. These moves will result in significant changes in the company’s shareholding structure, with Medal Chains becoming a substantial shareholder, potentially impacting the company’s market positioning and stakeholder interests.
More about China Silver Group Ltd.
China Silver Group Ltd. is a company incorporated in the Cayman Islands, operating primarily in the field of silver production and related industries. The company focuses on the production of silver and other precious metals, likely targeting both domestic and international markets.
YTD Price Performance: 20.76%
Average Trading Volume: 5,764,290
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$556.9M
For detailed information about 0815 stock, go to TipRanks’ Stock Analysis page.
