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GDS Global Ltd. ( (SG:5VP) ) has shared an update.
GDS Global Ltd. has successfully completed the issuance of S$3,400,000 in convertible bonds, which are convertible into 54,838,704 new ordinary shares at a conversion price of S$0.062. This strategic financial move is expected to bolster the company’s capital structure and potentially enhance its market position, signaling a positive outlook for stakeholders.
More about GDS Global Ltd.
YTD Price Performance: -7.14%
Average Trading Volume: 147,133
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$11.65M
See more insights into 5VP stock on TipRanks’ Stock Analysis page.