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Karrie International Holdings Limited ( (HK:1050) ) has provided an update.
Karrie International Holdings Limited has announced a special general meeting to discuss and potentially approve a subscription agreement for the issuance of convertible bonds worth HK$150,000,000. The meeting will address the approval of the subscription agreement, the issuance of the convertible bonds, and the allotment of new ordinary shares upon conversion. This move is significant as it could impact the company’s capital structure and market positioning, offering potential benefits to stakeholders through increased financial flexibility and growth opportunities.
The most recent analyst rating on (HK:1050) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Karrie International Holdings Limited stock, see the HK:1050 Stock Forecast page.
More about Karrie International Holdings Limited
Average Trading Volume: 9,469,195
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.14B
See more data about 1050 stock on TipRanks’ Stock Analysis page.