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Halcyon Agri Corp. Ltd. ( (SG:5VJ) ) has shared an announcement.
Halcyon Agri Corporation Limited has announced its intention to issue US$200 million in guaranteed subordinated perpetual sustainable securities. The issuance, which will be guaranteed by China Hainan Rubber Industry Group Co. Ltd., aims to raise funds for the company and will be coordinated by CMB International Capital Limited, Haitong International Securities Group Limited, and ABCI Capital Limited. The securities are intended for listing on the Stock Exchange of Hong Kong, though they will not be offered to retail investors. The company cautions that there is no assurance of the issuance proceeding or being completed successfully.
The most recent analyst rating on (SG:5VJ) stock is a Sell with a S$0.50 price target. To see the full list of analyst forecasts on Halcyon Agri Corp. Ltd. stock, see the SG:5VJ Stock Forecast page.
More about Halcyon Agri Corp. Ltd.
Halcyon Agri Corporation Limited, incorporated in Singapore, operates in the rubber industry. The company, along with its subsidiaries, focuses on the production and supply of natural rubber, catering primarily to the global tire manufacturing sector.
Technical Sentiment Signal: Buy
Current Market Cap: S$654M
For detailed information about 5VJ stock, go to TipRanks’ Stock Analysis page.