tiprankstipranks
Link-Asia Plans Major Share Placement
Company Announcements

Link-Asia Plans Major Share Placement

Link-Asia International Medtech Group Ltd. (HK:1143) has released an update.

Stay Ahead of the Market:

Link-Asia International Medtech Group Ltd. has announced a conditional agreement to place over 20 million new shares at HK$1.51 each, aiming to raise approximately HK$31.3 million in gross proceeds. The funds are intended for the development of Energy Storage System Equipment for electric vehicle charging and for working capital. Investors are advised to exercise caution as the placement is subject to certain conditions and may not proceed.

For further insights into HK:1143 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App