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The latest update is out from Kasen International Holdings Ltd. ( (HK:0496) ).
Kasen International Holdings Ltd. has announced a delay in the dispatch of its Whitewash Circular related to the proposed conversion of convertible bonds and an application for a Whitewash Waiver. The delay is due to the need for additional time to prepare necessary documents, including a property valuation report and financial statements, and is now expected to be dispatched by April 30, 2025. The waiver and bond conversion are contingent on approvals from the Executive and Independent Shareholders, and the company advises caution to shareholders and potential investors.
More about Kasen International Holdings Ltd.
YTD Price Performance: 8.82%
Average Trading Volume: 325,339
Technical Sentiment Signal: Sell
Current Market Cap: HK$534M
For a thorough assessment of 0496 stock, go to TipRanks’ Stock Analysis page.