tiprankstipranks
Company Announcements

Dynagreen Maintains Convertible Bond Price

Dynagreen Maintains Convertible Bond Price

Dynagreen Environmental Protection Group Co., Ltd. Class H (HK:1330) has released an update.

Dynagreen Environmental Protection Group Co., Ltd. has announced that there will be no downward adjustment to the conversion price of its A share convertible bonds, despite the stock’s recent performance which met conditions for consideration of a price reduction. The conversion price had previously been adjusted due to equity distributions in 2021, 2022, and 2023, but will now remain unchanged, adhering to the terms set forth at the bond issuance and subsequent regulations.

For further insights into HK:1330 stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1