CCT Fortis Holdings Limited (HK:0138) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
CCT Fortis Holdings Limited has conditionally agreed to amend the terms of its 2024 Convertible Bonds, extending the maturity date by one year to August 2025, lowering the conversion price, and doubling the interest rate. These amendments are subject to approval by the Stock Exchange and fulfillment of conditions in the Deed of Amendment. Investors are cautioned to be mindful of these changes when dealing with the company’s securities.
For further insights into HK:0138 stock, check out TipRanks’ Stock Analysis page.