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Qidian International Amends Share Subscription Deal
Company Announcements

Qidian International Amends Share Subscription Deal

Qidian International Co., Ltd. (HK:1280) has released an update.

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Qidian International Co., Ltd. has renegotiated terms with subscribers, adjusting the subscription price of shares from HK$0.512 to HK$0.515, representing a discount of about 19.53% from the last closing price. The gross proceeds from this revised agreement are expected to reach approximately HK$81.7 million, with trading of the company’s shares set to resume on the Hong Kong Stock Exchange on July 3, 2024, after a temporary halt.

For further insights into HK:1280 stock, check out TipRanks’ Stock Analysis page.

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