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CROSSTEC Group Holdings Ltd. ( (HK:3893) ) has issued an update.
CROSSTEC Group Holdings Limited announced the completion of the issuance of convertible bonds under a specific mandate, with the HIL CB and MKI CB issued for HK$57,100,000 and HK$38,400,000 respectively. The proceeds will be used to settle outstanding loans, resulting in no immediate cash outflow for the company. This issuance impacts the company’s shareholding structure significantly, with changes in the percentage of shares held by different shareholders upon full conversion of the bonds.
More about CROSSTEC Group Holdings Ltd.
CROSSTEC Group Holdings Limited is a company incorporated in the Cayman Islands, operating in the financial sector with a focus on securities and convertible bonds.
Average Trading Volume: 1,032,966
Technical Sentiment Signal: Buy
Current Market Cap: HK$136.2M
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