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Far East Horizon Limited ( (HK:3360) ) has issued an update.
Far East Horizon Limited has announced a partial cancellation of its U.S.$300 million 2.50% guaranteed convertible bonds due 2025, following conversions and redemptions. As of June 6, 2025, U.S.$34 million of the bonds have been redeemed and cancelled, with U.S.$24 million converted into shares, representing 0.82% of the company’s total issued share capital. The remaining U.S.$266 million in bonds could potentially convert into approximately 9.14% of the total share capital, impacting the company’s equity structure and market positioning.
The most recent analyst rating on (HK:3360) stock is a Buy with a HK$8.70 price target. To see the full list of analyst forecasts on Far East Horizon Limited stock, see the HK:3360 Stock Forecast page.
More about Far East Horizon Limited
Far East Horizon Limited operates in the financial services industry, focusing on providing leasing and financial solutions. The company is known for its involvement in equipment leasing, advisory services, and investment management, primarily targeting the healthcare, infrastructure, and construction sectors.
Average Trading Volume: 9,312,983
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$26.51B
Learn more about 3360 stock on TipRanks’ Stock Analysis page.