SY Holdings Group Limited Announces New Share Placement to Raise HK$600 Million
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SY Holdings Group Limited has announced a new share placement to raise approximately HK$600 million by issuing up to 56,286,000 new shares at HK$10.66 each, representing about 5.58% of its existing share capital. The placement will be made to at least six professional or institutional investors to support the company's global expansion. The latest analyst rating for SY Holdings Group Limited (HK:6069) is a Hold with a price target of HK$12.50.
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