JACOBSON PHARMA (02633.HK) subscribes to 94 million shares of TYCOON GROUP Holdings.
On April 29, Glonghui announced that JACOBSON PHARMA (02633.HK) entered into a subscription agreement with TYCOON GROUP, whereby the subscriber, Jacobson Group Treasury Limited (a wholly owned subsidiary of the company), conditionally agrees to subscribe for a total of 94 million subscription shares at a subscription price of HKD 0.500 per share, subject to the terms and conditions set forth in the subscription agreement.
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TYCOON GROUP (03390.HK) plans to issue 94 million shares at a premium of 25.0% to raise HKD 46.7 million.
Gelonghui reported on April 29 that TYCOON GROUP (03390.HK) announced that on April 29, 2025, the company and the subscriber Jacobson Group Treasury Limited entered into a subscription agreement, under which the company conditionally agreed to allocate and issue, and the subscriber conditionally agreed to subscribe for 94 million subscription shares at a subscription price of HKD 0.5 per share, which represents a premium of 25.0% over the closing price of HKD 0.400 per share reported on April 29, 2025, on the Stock Exchange. The total number of subscription shares accounts for (i) the company's issued shares as of the date of this announcement.
TYCOON GROUP (03390) plans to issue 94 million subscription shares to Jacobson Group Treasury.
TYCOON GROUP (03390) announced that on April 29, 2025, the company will be in partnership with the subscriber Jacobs...
TYCOON GROUP resumed trading with an opening gain of over 43%, and Chairman Wang Jiajun's 0.129 billion shares were forced to be sold.
TYCOON GROUP (03390) saw its share price plummet over 90% yesterday and was suspended during trading.
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The chairman and controlling shareholder of TYCOON GROUP (03390.HK), Wang Jiajun, sold 0.129 billion shares due to a significant drop in the Fill Price. The company's trading will resume tomorrow.
On April 16, Gelonghui reported that TYCOON GROUP (03390.HK) announced that the Board of Directors has noted that on April 16, 2025, the company's stock price fell while the Volume increased.
Hong Kong stocks closed (04.16) | The Hang Seng Index fell by 1.91%, ending six consecutive rises. Technology and Autos stocks were under significant pressure, while Golden Industrial Concept stocks strengthened against the trend.
The tariff war situation continues to unfold, and the latest statement from the White House on its official website indicates that commodities exported from China to the USA face tariffs as high as 245%. After opening lower today, Hong Kong stocks fell further, with the Hang Seng Index briefly dropping below 21,000 points, marking the end of six consecutive days of gains.
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TYCOON GROUP (03390) was suspended from trading on the morning of April 16 due to several insider messages.
TYCOON GROUP (03390) announced that its shares have been listed on the Hong Kong Stock Exchange since 11:30 AM on April 16, 2025.
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Hong Kong stocks move | TYCOON GROUP (03390) experiences a massive sell-off, temporarily dropping over 92% during the session, with total market value falling below 0.2 billion HKD.
TYCOON GROUP (03390) experienced a sharp decline with high trading volume in the morning, with the stock price plunging over 92% at one point, hitting a new low of 0.24 HKD since its listing. As of the time of publication, it had dropped 91.88%, trading at 0.25 HKD, with a trading volume of 38.4929 million HKD, and the total market value falling below 0.2 billion HKD.
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