bullish

Giant Biogene

Giant Biogene Placement - Has Been Doing Well but Doesn’t Need the Cash

246 Views16 May 2024 18:55
Giant Biogene (2367 HK) aims to raise up to US$205m via a top-up placement. In this note, we talk about the deal dynamics and run the deal through our ECM framework.
What is covered in the Full Insight:
  • Giant Biogene's recent performance
  • Analysts' take on the stock
  • The company's FY23 results
  • Deal terms
  • Concluding thoughts
SUMMARY
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