International Genius Company to Issue New Shares Worth HK$302 Million

International Genius Company (HK:0033) has released an update.

Pick the best stocks and maximize your portfolio:

International Genius Company has entered into a Subscription Agreement to issue up to 110 million new shares at HK$2.75 each, potentially raising approximately HK$302 million. These funds are earmarked for the company’s strategic development and operational needs. Upon completion, the subscriber will hold about 16.46% of the enlarged share capital, becoming a substantial shareholder.

For further insights into HK:0033 stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.