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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 update.

CROSSTEC Group Holdings Limited has announced a further delay in the dispatch of a circular related to its loan capitalization involving the issuance of convertible bonds. This delay is due to the additional time needed to prepare and finalize the circular’s contents, which is now expected to be dispatched by August 8, 2025. The circular will provide details on subscription agreements, recommendations from the Independent Board Committee, and advice from the Independent Financial Adviser, impacting shareholders’ decisions and the company’s financial strategies.

More about CROSSTEC Group Holdings Ltd.

Average Trading Volume: 943,191

Technical Sentiment Signal: Sell

Current Market Cap: HK$28.55M

For detailed information about 3893 stock, go to TipRanks’ Stock Analysis page.

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