Elife Holdings Limited (HK:0223) has released an update.
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Elife Holdings Limited is planning a conditional rights issue to finance its brand promotion and supply chain business while also bolstering general working capital. The rights issue will allow shareholders to acquire additional shares at a slight discount, maintaining their proportional interests in the company. However, the execution of this rights issue is contingent on certain conditions being met and may not proceed as planned.
For further insights into HK:0223 stock, check out TipRanks’ Stock Analysis page.
