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An announcement from Easyknit International Holdings Ltd ( (HK:1218) ) is now available.
Easyknit International Holdings Limited, through its indirect wholly-owned subsidiary, has entered into agreements to dispose of approximately 47.17% of the outstanding principal amount of its 2023 Convertible Note for HK$25,000,000, which includes a premium of HK$3,125,000. This transaction, alongside a previous disposal, constitutes a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement due to the percentage ratios involved. The disposal reflects the company’s ongoing financial strategy and may impact its liquidity and financial positioning.
The most recent analyst rating on (HK:1218) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Easyknit International Holdings Ltd stock, see the HK:1218 Stock Forecast page.
More about Easyknit International Holdings Ltd
Average Trading Volume: 70,927
Technical Sentiment Signal: Buy
Current Market Cap: HK$223.4M
For detailed information about 1218 stock, go to TipRanks’ Stock Analysis page.