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HK Asia Holdings Completes Convertible Notes Subscription

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HK Asia Holdings Completes Convertible Notes Subscription

Confident Investing Starts Here:

HK Asia Holdings Limited ( (HK:1723) ) has shared an announcement.

HK Asia Holdings Limited has successfully completed the subscription agreement and issued convertible notes worth HK$33,750,000. The completion of this agreement resulted in the issuance of 75,000,000 conversion shares, altering the company’s shareholding structure with subscribers now holding a larger percentage of shares. This move is expected to provide the company with net proceeds of approximately HK$33,250,000, which will be utilized as per the outlined strategic plans.

More about HK Asia Holdings Limited

Average Trading Volume: 1,862,271

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.42B

For an in-depth examination of 1723 stock, go to TipRanks’ Stock Analysis page.

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