Comba Telecom Systems Holdings ( (HK:2342) ) has shared an update.
Comba Telecom Systems Holdings Limited announced the completion of subscriptions for new shares under its General Mandate, resulting in the issuance of over 341 million new shares to independent third-party subscribers. The company raised approximately HK$371,991,000 from these subscriptions, which will be used for general working capital, impacting the company’s shareholding structure by increasing the total number of shares and slightly diluting existing shareholders’ percentages.
More about Comba Telecom Systems Holdings
Comba Telecom Systems Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the telecommunications industry. The company focuses on providing wireless communication solutions and services, with its shares listed on the Hong Kong and Singapore stock exchanges.
YTD Price Performance: 183.75%
Average Trading Volume: 553
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $671.4M
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