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The latest update is out from NWS Holdings ( (HK:0659) ).
CTF Services Limited, a company incorporated in Bermuda, has announced a significant financial maneuver involving convertible bonds. The company plans to repurchase HK$780 million of its 4.00% convertible bonds due in 2025 while issuing new HK$850 million 2.80% convertible bonds due in 2027. The Vienna Stock Exchange has approved the listing and trading of these new bonds, with trading expected to commence on July 18, 2025. This strategic move is subject to certain conditions and may impact the company’s financial structure and market positioning. Shareholders and potential investors are advised to exercise caution as the completion of these transactions is not guaranteed.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
More about NWS Holdings
YTD Price Performance: 4.45%
Average Trading Volume: 765,874
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$29.99B
For an in-depth examination of 0659 stock, go to TipRanks’ Overview page.