Silver Tide Holdings Completes Share Placement to Fund Energy Projects
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Silver Tide Holdings Limited (HK:1943) has completed a share placement, issuing 28,970,000 shares at HK$0.637 each, raising approximately HK$17.87 million. This represents about 2.81% of the company's enlarged share capital. The funds will be used for energy storage projects, upgrading industrial parks, and general working capital. The company may consider further fundraising in the future. Current market cap stands at HK$920M with an average trading volume of 4,026,111 shares.
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