Kidztech Holdings to Issue HK$20M Convertible Bonds

Kidztech Holdings Ltd. (HK:6918) has released an update.

Kidztech Holdings Ltd. has announced a plan to issue convertible bonds worth HK$20 million, with the proceeds intended for debt repayment and general working capital. This issuance, under a general mandate, will not require shareholder approval, and the conversion shares will be listed on the stock exchange. Investors are advised to exercise caution as the subscription agreement is subject to certain conditions.

For further insights into HK:6918 stock, check out TipRanks’ Stock Analysis page.