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China Supply Chain Holdings Limited ( (HK:3708) ) has issued an announcement.
China Supply Chain Holdings Limited has announced a subscription agreement with two independent subscribers to issue a total of 1,118,800,000 new shares under its General Mandate. This issuance represents approximately 20% of the company’s current issued share capital and aims to raise HK$13,425,600. The subscription price is set at HK$0.012 per share, reflecting a discount to the current market price. The completion of this transaction is contingent upon the fulfillment of certain conditions, and stakeholders are advised to exercise caution.
More about China Supply Chain Holdings Limited
China Supply Chain Holdings Limited is incorporated in the Cayman Islands and operates in the supply chain industry. The company is involved in issuing securities and shares as part of its financial operations.
YTD Price Performance: -30.0%
Average Trading Volume: 8,093,448
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$78.32M
Learn more about 3708 stock on TipRanks’ Stock Analysis page.