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An announcement from Great Harvest Maeta Holdings Limited ( (HK:3683) ) is now available.
Great Harvest Maeta Holdings Limited has entered into a Second Supplemental Settlement Agreement to adjust the repayment schedule for its USD54 million convertible bonds initially due in May 2021. The agreement outlines a structured repayment plan spanning from 2025 to 2026, with additional securities provided to the bondholder, including a mortgage on land in Haikou, China, and a pledge over equity interests. This development aims to address the company’s outstanding financial obligations while securing the bondholder’s interests.
More about Great Harvest Maeta Holdings Limited
Great Harvest Maeta Holdings Limited operates in the shipping industry and focuses primarily on maritime transportation services. The company holds interests in subsidiaries involved in real estate investments and operates within the Hong Kong and Chinese markets.
YTD Price Performance: 0%
Average Trading Volume: 126,400
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$119.1M
See more insights into 3683 stock on TipRanks’ Stock Analysis page.