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China Wood Int (01822.HK) plans to conduct a 1-for-1 rights issue.
Glory 11月19日丨China Wood Int (01822.HK) announced that the company proposes that for every one (1) share held on the record date, one (1) share of rights shares will be issued, at a subscription price of 0.111 Hong Kong dollars per share. The total amount raised by issuing 0.411 billion rights shares to eligible shareholders is approximately 45.6 million Hong Kong dollars. After deducting estimated expenses, the net proceeds from the rights issue are estimated to be approximately 44.6 million Hong Kong dollars, of which approximately 44.8% will be used to invest in China's functional food and beverage business; and approximately 55.2% will be used for the group's
China Wood International Sells Step-down Subsidiary
China Wood International (01822.HK) intends to sell all shares of Gigantic Wisdom.
Glorylink reported on October 28th that china wood int (01822.HK) announced that on October 28, 2024, the seller (a wholly-owned subsidiary of the company) entered into an agreement with the buyer (an independent third party) regarding the sale of assets, whereby the seller agrees to sell and the buyer agrees to purchase the shares (i.e. all the issued share capital of Gigantic Wisdom Limited, the company being sold) and the sales loan, at a cash price of 50,000 Hong Kong dollars. The company being sold is a limited company registered in the British Virgin Islands, mainly engaged in investment holding. The sale of shares refers to the sale
china wood int [01822] is now trading at 0.32 Hong Kong dollars, with a rise of 10.35%.
As of 11:39, China Wood International [01822] reported 0.32 Hong Kong dollars, compared to the previous closing price of 0.29 Hong Kong dollars, an increase of 0.03 Hong Kong dollars or 10.35%, with a turnover of 0.0096 million Hong Kong dollars. The highest price today is 0.32 Hong Kong dollars, the lowest price is 0.32 Hong Kong dollars. Based on the closing price of yesterday, the 10-day average price is 0.33 Hong Kong dollars, the 50-day average price is 0.31 Hong Kong dollars, and the current P/E ratio is 0.04 times with the 14-day Relative Strength Index at 43.01.
CHINA WOOD INT: INTERIM REPORT 2024
China Wood International Holding Raises HK$15 Million via Share Placement