MOG Holdings Limited (HK:1942) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
MOG DIGITECH HOLDINGS LIMITED has announced a new share placement deal brokered by Valuable Capital Limited, aiming to place up to 155,230,000 new shares at HK$0.88 each, which could potentially raise gross proceeds of approximately HK$136.60 million. This placement would dilute current shares by about 20%, and the deal is subject to certain conditions that must be met before completion. Shareholders and potential investors are advised to be cautious when trading shares during this period.
For further insights into HK:1942 stock, check out TipRanks’ Stock Analysis page.