Winshine Science Co., Ltd. (HK:0209) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Winshine Science Co., Ltd. has conditionally agreed to allot and issue 23 million new shares to a subscriber for HK$0.20 each, aiming to raise HK$4.6 million in gross proceeds. This move, representing about 18.8% of the pre-transaction shares, is subject to the approval of independent shareholders and the Hong Kong Stock Exchange. Funds raised will be used as general working capital for the group.
For further insights into HK:0209 stock, check out TipRanks’ Stock Analysis page.