EMINENCE ENT (00616) Shareholder Deposits Shares with Kingston Securities, Holding Valued at HK$37.69 Million
Stock News
Dec 11, 2025
Latest data from the Hong Kong Stock Exchange reveals that on December 10, a shareholder of EMINENCE ENT (00616) deposited shares with Kingston Securities, with a holding value of HK$37.69 million, representing 6.76% of the company's shares.
On December 9, EMINENCE ENT announced plans to place up to 20 million new shares, equivalent to approximately 1.19% of the company's enlarged issued share capital post-placement. The placement price was set at HK$0.30 per share, representing a discount of about 10.45% to the closing price of HK$0.335 on December 9. The net proceeds per share are expected to be approximately HK$0.297. The net proceeds from the placement will be used for the group's general working capital purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.