Crocodile Garments Limited Announces HK$53.3 Million Rights Issue
I'm PortAI, I can summarize articles.
Crocodile Garments Limited (HK:0122) has announced a rights issue to raise approximately HK$53.3 million by offering new shares to existing shareholders. This initiative aims to strengthen the company's financial position and does not require shareholder approval, complying with Hong Kong's listing rules. The rights issue is non-underwritten, ensuring it proceeds regardless of shareholder participation. Chairman and CEO Ms. Lam will subscribe to her full entitlement of rights shares. The company, focused on the garment industry, has a current market cap of HK$137.2 million.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments