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Forgame Holdings Announces Share Placement to Raise HK$15.25 Million

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Forgame Holdings Announces Share Placement to Raise HK$15.25 Million

Forgame Holdings Ltd. ( (HK:0484) ) just unveiled an update.

Forgame Holdings Ltd. has announced a placement of new shares under a general mandate, aiming to raise approximately HK$15.25 million in gross proceeds. The funds will be used to upgrade production facilities and for general working capital, potentially enhancing the company’s operational capabilities and financial stability.

More about Forgame Holdings Ltd.

Forgame Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the technology sector, focusing on the development and distribution of online games. It operates within the digital entertainment industry, targeting a global market with its gaming products.

YTD Price Performance: -22.00%

Average Trading Volume: 6,857

Technical Sentiment Signal: Strong Buy

Current Market Cap: €11.98M

For a thorough assessment of 0484 stock, go to TipRanks’ Stock Analysis page.

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