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Addvalue Technologies Ltd ( (SG:A31) ) has shared an update.
Addvalue Technologies has notified holders of its outstanding S$3.46 million redeemable convertible bonds, originally issued in November 2022 via a rights issue and listed on the SGX Mainboard, that it will proceed with a partial redemption. The company plans to redeem up to S$700,000 of the outstanding principal amount, together with accrued interest, on 6 February 2026 in accordance with the bond terms, signalling an incremental move to manage and reduce its convertible debt obligations, which may affect its capital structure and potential future equity dilution for existing shareholders.
The most recent analyst rating on (SG:A31) stock is a Hold with a S$0.05 price target. To see the full list of analyst forecasts on Addvalue Technologies Ltd stock, see the SG:A31 Stock Forecast page.
More about Addvalue Technologies Ltd
Addvalue Technologies Ltd is a Singapore-incorporated technology company listed on the Mainboard of the Singapore Exchange, operating through a group structure. It is involved in advanced communications-related businesses, though this announcement focuses on its capital structure and financing instruments rather than its operating products or services.
Average Trading Volume: 35,829,531
Technical Sentiment Signal: Buy
Current Market Cap: S$209.8M
Learn more about A31 stock on TipRanks’ Stock Analysis page.