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Momentum Financial Holdings Limited ( (HK:1152) ) has provided an update.
Momentum Financial Holdings Limited has announced a further delay in the dispatch of a circular related to its proposed debt restructuring, which involves the issuance of convertible bonds, a whitewash waiver application, and a special deal concerning shareholder loan repayment. The delay is due to the need for additional time to finalize certain information and reports required for the circular. The company has applied for an extension to dispatch the circular by 29 September 2025, and shareholders are advised to exercise caution when dealing with the company’s securities.
More about Momentum Financial Holdings Limited
Momentum Financial Holdings Limited is a company incorporated in Bermuda, operating with a focus on financial services and investment activities. It is listed on the Hong Kong Stock Exchange under the stock code 1152.
Average Trading Volume: 10,855,250
Technical Sentiment Signal: Buy
Current Market Cap: HK$471.4M
See more insights into 1152 stock on TipRanks’ Stock Analysis page.