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Guan Chao Holdings Limited (HKG:1872) Stock Rockets 85% As Investors Are Less Pessimistic Than Expected
GUAN CHAO HLDGS (01872.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui March 18丨GUAN CHAO HLDGS (01872.HK) announced that the Board of Directors meeting will be held on March 31, 2025, to approve the announcement of the annual performance results for the year ending December 31, 2024, for the company and its subsidiaries, as well as to consider the proposal for the distribution of a final dividend (if any).
GUAN CHAO HLDGS: DATE OF BOARD MEETING
GUAN CHAO HLDGS (01872.HK) plans to place approximately 18.89% at a discount, raising up to 21.6 million shares for a net amount of 15.6 million Hong Kong dollars.
On March 17, Guangluohui announced that GUAN CHAO HLDGS (01872.HK) has signed a placing agreement with the placing agent, under which the company agrees to place a maximum of 21.6 million placing shares at a placing price of HKD 0.73 per share to no fewer than six placees on a best-efforts basis. The placing price of HKD 0.73 per share is approximately 18.89% lower than the closing price of HKD 0.90 per share reported on the Stock Exchange on the date of the placing agreement; the placing shares represent about 4.00% of the total issued share capital of the company as of the date of this announcement; the proceeds from the placing.
Express News | Guan Chao - to Place up to a Maximum of 21.6 Mln Shares at HK$0.73 per Share
Guan Chao Warns of Lower Pre-Tax Profit for 2024
