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CROSSTEC Group Holdings Ltd. Completes Convertible Bond Conversion

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CROSSTEC Group Holdings Ltd. Completes Convertible Bond Conversion

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The latest update is out from CROSSTEC Group Holdings Ltd. ( (HK:3893) ).

CROSSTEC Group Holdings Ltd. has announced the conversion of convertible bonds, resulting in the issuance of 40,000,000 new shares. This conversion increases the company’s issued share capital to 226,624,000 shares, with MKI remaining the largest shareholder, holding approximately 28.55% of the enlarged share capital.

The most recent analyst rating on (HK:3893) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on CROSSTEC Group Holdings Ltd. stock, see the HK:3893 Stock Forecast page.

More about CROSSTEC Group Holdings Ltd.

Average Trading Volume: 854,506

Technical Sentiment Signal: Hold

Current Market Cap: HK$192.2M

Find detailed analytics on 3893 stock on TipRanks’ Stock Analysis page.

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