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Trendzon Holdings Group Limited ( (HK:1865) ) has shared an announcement.
Pengo Holdings Group Limited has announced a proposal to increase its authorized share capital from HK$100 million to HK$500 million by creating an additional 4 billion unissued shares, pending shareholder approval. Additionally, the company plans to place convertible bonds worth up to HK$120 million, which could significantly impact its share capital and financial positioning, offering potential growth opportunities for stakeholders.
More about Trendzon Holdings Group Limited
Pengo Holdings Group Limited, formerly known as Trendzon Holdings Group Limited, is a company incorporated in the Cayman Islands with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1865. The company is involved in financial activities, focusing on increasing its capital and offering convertible bonds.
Average Trading Volume: 3,007,225
Technical Sentiment Signal: Sell
Current Market Cap: HK$198.9M
For detailed information about 1865 stock, go to TipRanks’ Stock Analysis page.