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An update from Easyknit International Holdings Ltd ( (HK:1218) ) is now available.
Easyknit International Holdings Ltd announced a discloseable transaction involving the disposal of 33.75% of the outstanding principal amount of its 2023 Convertible Note for HK$27,000,000, reflecting a premium of HK$3,375,000. This transaction, involving key amendments to the conversion price of the note, signifies a strategic financial maneuver that could impact the company’s financial positioning and stakeholder interests.
The most recent analyst rating on (HK:1218) stock is a Hold with a HK$2.50 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
Easyknit International Holdings Ltd, incorporated in Bermuda, operates within the financial sector, focusing on investment and asset management. The company is known for its strategic investments and financial asset management services.
Average Trading Volume: 63,006
Technical Sentiment Signal: Buy
Current Market Cap: HK$283.4M
See more data about 1218 stock on TipRanks’ Stock Analysis page.