NWS Holdings ( (HK:0659) ) has provided an update.
NWS Holdings, a company incorporated in Bermuda, has announced an adjustment to the conversion price of its HK$780,000,000 4.00% convertible bonds due 2025. This adjustment follows the declaration of an interim ordinary dividend and a special dividend for the six months ended 31 December 2024. The conversion price will be adjusted from HK$8.043 per share to HK$7.39 per share, effective 22 March 2025. This change will increase the maximum number of new shares issued upon full conversion of the outstanding bonds, enhancing the company’s equity base.
More about NWS Holdings
YTD Price Performance: -1.11%
Average Trading Volume: 160
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.94B
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