Zhuguang Holdings (01176) rose more than 9% in morning trading, up 6.67% as of press time, with a transaction volume of HKD 14.6886 million and a share price of HKD 0.176.
According to the Wisdom Financial APP, Zhuguang Holdings (01176) rose more than 9% in morning trading, up 6.67% as of press time, with a transaction volume of HKD 14.6886 million and a share price of HKD 0.176.
In terms of news, Zhuguang Holdings announced that on June 17, 2024, the company entered into a subscription agreement with subscriber Rongde Investment Co., Ltd. according to the terms of the agreement, Rongde Investment will subscribe for 1,625 million new shares issued by Zhuguang Holdings at a price of HKD 0.20 per share, which represents a premium of 21.21% over the closing price of HKD 0.165 per share on the previous trading day, and the total transaction value is HKD 325 million. The group said that the issuance of new shares is to ease debt pressure and improve liquidity. The transaction is subject to approval by shareholders.