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Global Bio-chem Technology Group Co. Ltd. ( (HK:0809) ) has shared an announcement.
Global Bio-chem Technology Group Co. Ltd. has successfully completed the issuance of Consideration Shares under a specific mandate and the conversion of Convertible Bonds. This strategic move, which involved the issuance of over 2.7 billion Consideration Shares and the conversion of bonds into over 5.1 billion shares, allows the company to fully capitalize its Suppliers Debt, making the Target Companies its wholly-owned subsidiaries. This restructuring is expected to enhance the company’s financial stability and operational efficiency.
More about Global Bio-chem Technology Group Co. Ltd.
Global Bio-chem Technology Group Co. Ltd. is a company incorporated in the Cayman Islands, focusing on the biotechnology sector. It primarily engages in the production and development of bio-chemical products and solutions.
Average Trading Volume: 8,034,379
Technical Sentiment Signal: Buy
Current Market Cap: HK$846.2M
For an in-depth examination of 0809 stock, go to TipRanks’ Overview page.