JX Energy Ltd. (HK:3395) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
JX Energy Ltd. has clarified previous typographical errors in its announcement concerning the Convertible Loan Agreement, stating the deemed price per share is at a premium ranging from 10.74% to 11.11% above recent closing prices. The company also detailed the impact of the loan conversion on its shareholding structure, where the issuance of new shares will adjust the ownership percentages among major shareholders and a new lender.
For further insights into HK:3395 stock, check out TipRanks’ Stock Analysis page.