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KNT Holdings Limited ( (HK:1025) ) just unveiled an update.
KNT Holdings Limited is holding an extraordinary general meeting on February 6, 2025, to discuss and approve a proposed rights issue. The rights issue involves offering up to 151,637,790 ordinary shares at a subscription price of HK$0.29 per share to qualifying shareholders. This move is subject to approval from The Stock Exchange of Hong Kong Limited and aims to bolster the company’s capital. The meeting will also authorize the directors to manage the allotment and issuance of these shares, taking into account any necessary exclusions for shareholders outside Hong Kong.
More about KNT Holdings Limited
YTD Price Performance: -1.56%
Average Trading Volume: 378,255
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$15.92M
For an in-depth examination of 1025 stock, go to TipRanks’ Stock Analysis page.
