Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from KNT Holdings Limited ( (HK:1025) ) is now available.
KNT Holdings Limited has announced a change in the use of proceeds from its recent rights issue, reallocating the unutilized portion of HK$12.0 million. Due to uncertainties from the US tariff regime and political tensions in Southeast Asia, the company will redirect funds initially intended for business expansion to debt repayment and general working capital. This strategic shift aims to reduce interest expenses, strengthen the balance sheet, and provide operational flexibility, aligning with current financial strategies and supporting long-term business performance.
The most recent analyst rating on (HK:1025) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on KNT Holdings Limited stock, see the HK:1025 Stock Forecast page.
More about KNT Holdings Limited
KNT Holdings Limited is a company incorporated in the Cayman Islands, operating within the manufacturing industry. The company focuses on expanding and diversifying its manufacturing business in Southeast Asia.
Average Trading Volume: 5,068,612
Technical Sentiment Signal: Sell
Current Market Cap: HK$63.69M
Learn more about 1025 stock on TipRanks’ Stock Analysis page.