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Guangdong-Hong Kong Greater Bay Area Holdings Approves MCB Issuance

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Guangdong-Hong Kong Greater Bay Area Holdings Approves MCB Issuance

Elevate Your Investing Strategy:

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ) has issued an update.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. held an Extraordinary General Meeting on June 4, 2025, where shareholders approved a resolution to issue zero-coupon Mandatory Convertible Bonds (MCB) that can be converted into ordinary shares. This decision, passed unanimously, grants the company’s directors the authority to execute necessary actions related to the MCB issuance, potentially enhancing the company’s capital structure and supporting its strategic initiatives.

More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on investments and developments within the Guangdong-Hong Kong-Macao Greater Bay Area. The company is involved in real estate and infrastructure projects, aiming to capitalize on the economic integration and growth opportunities in this strategic region.

Average Trading Volume: 2,273,544

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.55B

Learn more about 1396 stock on TipRanks’ Stock Analysis page.

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