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CROSSTEC Group Holdings Ltd. ( (HK:3893) ) just unveiled an update.
CROSSTEC Group Holdings Ltd., a Cayman Islands–incorporated company listed in Hong Kong, reported changes to its capital structure and shareholding following a new conversion of its outstanding convertible bonds. The disclosure updates investors on the enlarged share base and revised ownership stakes of key shareholders.
The company said holder HIL converted HK$7.7 million of its convertible bonds into 70 million new shares at HK$0.11 each, with the issuance completed on March 13, 2026. As a result, total issued shares rose to 466,624,000, HIL’s stake increased to about 19.29%, and while MKI’s holding was diluted to 24.58% it remains the largest shareholder, reshaping the balance between strategic and public investors.
The most recent analyst rating on (HK:3893) stock is a Hold with a HK$0.81 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.
CROSSTEC Group Holdings Ltd. is a Cayman Islands–incorporated company listed in Hong Kong under stock code 3893. The announcement focuses on its capital structure and shareholder base, but does not specify its operating industry, products, or services in the provided text.
Average Trading Volume: 163,316
Technical Sentiment Signal: Sell
Current Market Cap: HK$341.1M
Learn more about 3893 stock on TipRanks’ Stock Analysis page.