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Eternity Investment Limited ( (HK:0764) ) just unveiled an update.
Eternity Investment Limited announced the fulfillment of conditions precedent for the conversion rights attached to its bonds, making them unconditional and irrevocable as of April 28, 2025. The bonds, issued under a general mandate, have a conversion price set at HK$0.0558 per share, reflecting a slight premium over recent market prices. The company plans to use the net proceeds of approximately HK$9 million primarily for repaying indebtedness and as general working capital. The announcement indicates a strategic financial maneuver aimed at strengthening the company’s financial position and potentially impacting its shareholding structure.
More about Eternity Investment Limited
Eternity Investment Limited is a company incorporated in Bermuda, operating with a focus on investments and financial services. The company is listed on the Hong Kong Stock Exchange under the stock code 764.
YTD Price Performance: -40.0%
Average Trading Volume: 1,146,285
Technical Sentiment Signal: Buy
Current Market Cap: HK$160.4M
For a thorough assessment of 0764 stock, go to TipRanks’ Stock Analysis page.