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Winshine Science Completes Share Subscription to Enhance Capital Structure
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Winshine Science Completes Share Subscription to Enhance Capital Structure

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Winshine Science Co., Ltd. ( (HK:0209) ) just unveiled an announcement.

Winshine Science Co., Ltd. announced the successful completion of a subscription agreement for 9,400,000 new shares under its general mandate, increasing its share capital by approximately 6.1%. The subscription raised net proceeds of around HK$1.2 million, which are intended for purposes outlined in a previous announcement, and altered the company’s shareholding structure, notably increasing the Subscriber’s shareholding from 4.13% to 9.95%. This move is expected to bolster the company’s financial position and may have implications for its market strategy and stakeholder engagement.

More about Winshine Science Co., Ltd.

Winshine Science Co., Ltd. is engaged in the science and technology sector, focusing on the development and distribution of advanced scientific products and services.

YTD Price Performance: 0%

Average Trading Volume: 29,365

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$25.15M

Find detailed analytics on 0209 stock on TipRanks’ Stock Analysis page.

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