No Data
CROWNICORP: SUPPLEMENTAL ANNOUNCEMENT TO ANNUAL REPORTFOR THE YEAR ENDED 31 MARCH 2024
CROWNICORP: INFORMATION REQUIRED UNDER SECTION 436OF THE COMPANIES ORDINANCE
Many real estate stocks surged by over 60%! On the first day of the new policies in Beijing, Shanghai, Guangzhou, and Shenzhen, some people even "bought houses in the air" overnight!
After the opening of the Hong Kong stock market, the real estate sector has the highest increase, with more than several individual stocks still rising by over 60% as of the time of writing.
Crown International Updates Subscription Price of Rights Issue
The resumption of trading Crownicorp (00727.HK) clarified that the issue price should be 0.088 yuan. Resumption of trading in the afternoon.
Crownicorp (00727.HK) resumed trading in the afternoon. The company announced a proposal for a 2-for-1 rights issue. Due to an inadvertent clerical error, the subscription price for the rights issue should be 0.088 yuan, not the previously announced 0.09 yuan. The subscription price is the same as the closing price yesterday (9th). As for the maximum proceeds and net amount of the rights issue, it should be approximately 0.155 billion and 0.151 billion yuan, intended for capital expenditures required for property development projects.
crownicorp (00727) intends to issue shares with a premium of approximately 2.27% based on a "2 for 1" basis. The maximum net proceeds are approximately 0.154 billion Hong Kong dollars.
Crownicorp (00727) announced that the company proposes to issue up to approximately 1 share for every 2 shares held to eligible shareholders...
No Data
No Data