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CROSSTEC Group Holdings Delays Circular Dispatch for Convertible Bond Issuance

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CROSSTEC Group Holdings Delays Circular Dispatch for Convertible Bond Issuance

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CROSSTEC Group Holdings Ltd. ( (HK:3893) ) has issued an announcement.

CROSSTEC Group Holdings Limited announced a delay in the dispatch of a circular related to loan capitalisation involving the issuance of convertible bonds. Originally expected by June 23, 2025, the circular’s release has been postponed to on or before July 14, 2025, to allow additional time for preparation and finalisation. This delay may impact stakeholders awaiting detailed information and recommendations from the Independent Board Committee and Financial Adviser regarding the terms of the subscription agreements.

More about CROSSTEC Group Holdings Ltd.

CROSSTEC Group Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability and listed on the Hong Kong Stock Exchange under the stock code 3893. The company is involved in financial transactions, specifically focusing on loan capitalisation involving the issuance of convertible bonds.

Average Trading Volume: 1,091,279

Technical Sentiment Signal: Sell

Current Market Cap: HK$25.19M

See more insights into 3893 stock on TipRanks’ Stock Analysis page.

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