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Miko International Holdings Limited's (HKG:1247) Shares Climb 80% But Its Business Is Yet to Catch Up
The Miko International Holdings Limited (HKG:1247) share price has done very well over the last month, posting an excellent gain of 80%. The last 30 days bring the annual gain to a very sharp 62%.
Miko International Raises Over HK$19 Million via Share Placement
Miko International (HKG:1247) 28,338,000 shares at HK$0.70 apiece to no less than six independent third parties to raise net proceeds of about HK$19.3 million, according to a filing with the Hong Kong
MiG International Holdings (01247) completed placement of 28.338 million shares
According to the Zhitong Finance App, MiG International Holdings (01247) announced that it has completed the placement of 28.338 million shares on May 28, 2024. The placement price is HK$0.70 per share.
Changes in Hong Kong stocks | MiG International Holdings (01247) once soared more than 68%, and plans to discount about 14.6% of allotments with a maximum net raise of HK$19.3 million
MiG International Holdings (01247) once soared more than 68%. As of press release, it had risen 46.34% to HK$1.2, with a turnover of HK$4,0994 million.
MiG International Holdings plans to discount approximately 14.6% of shares and raise the maximum net amount of HK$19.3 million
MiG International Holdings (01247) announced that on May 8, 2024, the company plans to place a maximum of 28.3392 million shares, accounting for about 15.19% of the company's expanded issued share capital. The placement price was HK$0.70 per share, a discount of approximately 14.6% compared to the closing price of HK$0.82 per share reported on May 8. Assuming that the maximum amount of 283.392 million shares placed has been placed, the net proceeds to be collected by the company from the placement will be approximately HK$19.3 million. The net proceeds are expected to be used to further develop the Group's supply chain management business.
MiG International Holdings (01247) plans to discount approximately 14.6% of the shares and raise the maximum net amount of HK$19.3 million
According to Zhitong Finance App, MiG International Holdings (01247) announced that on May 8, 2024, the company plans to place a maximum of 28.3392 million shares, accounting for about 15.19% of the company's expanded issued share capital. The placement price was HK$0.70 per share, a discount of approximately 14.6% compared to the closing price of HK$0.82 per share reported on May 8. Assuming that the maximum amount of 283.392 million shares placed has been placed, the net proceeds to be collected by the company from the placement will be approximately HK$19.3 million. The net proceeds are expected to be used to further develop the Group's supply chain management business.
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