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Eminence Enterprise Amends Convertible Note Terms

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Eminence Enterprise Amends Convertible Note Terms

Confident Investing Starts Here:

The latest announcement is out from Eminence Enterprise Limited ( (HK:0616) ).

Eminence Enterprise Limited, in collaboration with Goodco, has announced an amendment to the conversion price of its 2023 Convertible Note, reducing it from HK$0.14 to HK$0.07 per Conversion Share. This amendment, which is significant for stakeholders, maintains all other terms of the note and requires approval from the Stock Exchange, reflecting a strategic move to potentially enhance market appeal and liquidity.

More about Eminence Enterprise Limited

Average Trading Volume: 2,653,215

Technical Sentiment Signal: Sell

Current Market Cap: HK$81.16M

For a thorough assessment of 0616 stock, go to TipRanks’ Stock Analysis page.

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