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Asia Television Raises Over HK$34 Million From Share Placement
Asia Television Holdings' (HKG:0707) has completed the placing of 218,512,000 shares to at least six investors at HK$0.16 apiece to raise net proceeds of HK$34.1 million, a Friday bourse filing said.
ATV Holdings (00707) completed the placement of approximately 0.2185 billion shares.
ATV Holdings (00707) announced that on July19, 2024, the company will distribute a cash dividend of HKD 0.02000000 per share to shareholders on the register of members.
Changjiang Securities' Special Report on Textiles, Outfits, and Luxury Goods: Weak Demand in North America, and Elasticity of Replenishing Inventory Needs Observation.
Looking ahead, it is expected that inventory replenishment will continue, with the elasticity of replenishment depending on the strength of demand recovery at the end. The overseas apparel retail industry has gradually entered the tail end of destocking since 2022Q3, and the pace and continuity of export chain recovery depends on the pace of replenishment, while the elasticity of recovery depends on the strength of demand recovery at the end.
Citic Sec: supply pattern continues to optimize, viscose staple fiber industry is expected to emerge from the downturn.
Viscose staple fiber is one of the three major textile fibers, combining the advantages of both synthetic and natural fibers.
ATV Holdings (00707) sold a total of 27.3642 million shares of Evergrande Group.
ATV Holdings (00707) announced that its wholly-owned subsidiary, Fengjie Development, will hold a general meeting of shareholders on June 2, 2024.
Express News | Asia Television - Disposed 27.4 Mln Yong Tai Shares at Average Selling Price of 0.35 RGT per Share
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