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Elife Holdings Completes Multi-Million Share Issuance
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Elife Holdings Completes Multi-Million Share Issuance

Elife Holdings Limited (HK:0223) has released an update.

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Elife Holdings Limited has successfully completed the issuance of 226 million new shares, expanding its share capital by approximately 16.66% post-transaction. This strategic move, which took place on September 25, 2024, raised an estimated net proceeds of HK$27.7 million. The company plans to use these funds to develop the group’s businesses and replenish working capital.

For further insights into HK:0223 stock, check out TipRanks’ Stock Analysis page.

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