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CROSSTEC Group Holdings to Approve Major Subscription Agreements

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CROSSTEC Group Holdings to Approve Major Subscription Agreements

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

CROSSTEC Group Holdings Limited announced an extraordinary general meeting to approve two significant subscription agreements. The agreements involve issuing convertible bonds to Hexing Investment Limited and MK Investment Group Limited, amounting to HK$57,100,000 and HK$38,400,000 respectively. This move is expected to enhance the company’s capital base and potentially improve its market positioning.

More about CROSSTEC Group Holdings Ltd.

CROSSTEC Group Holdings Limited is a company incorporated in the Cayman Islands, operating within the investment and financial services sector. It is listed on the Hong Kong Stock Exchange, focusing on capital investments and financial agreements.

Average Trading Volume: 980,349

Technical Sentiment Signal: Sell

Current Market Cap: HK$29.11M

For a thorough assessment of 3893 stock, go to TipRanks’ Stock Analysis page.

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