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Carrianna Group Proposes Amendments to Convertible Bonds

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Carrianna Group Proposes Amendments to Convertible Bonds

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An update from Carrianna Group Holdings Company Limited ( (HK:0126) ) is now available.

Carrianna Group Holdings Company Limited has announced proposed amendments to the terms and conditions of its convertible bonds, which reached maturity on July 31, 2025. The amendments include extending the maturity date to July 31, 2026, reducing the conversion price from HK$0.60 to HK$0.40 per share, and altering the conversion period. These changes are subject to approval by the Stock Exchange and fulfillment of conditions set out in the Second Amendment Deed. The announcement highlights the company’s strategic move to manage its financial obligations and potentially enhance its market position.

More about Carrianna Group Holdings Company Limited

Carrianna Group Holdings Company Limited is a company incorporated in Bermuda, primarily involved in the issuance and management of convertible bonds. The company operates within the financial sector, focusing on providing investment opportunities through convertible debt securities.

Average Trading Volume: 245,062

Technical Sentiment Signal: Sell

Current Market Cap: HK$188.6M

See more insights into 0126 stock on TipRanks’ Stock Analysis page.

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