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Ruicheng Media Extends Convertible Bond Placement Deadline

Ruicheng Media Extends Convertible Bond Placement Deadline

Ruicheng (China) Media Group Limited (HK:1640) has released an update.

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Ruicheng (China) Media Group Limited has extended the deadline for its convertible bond placement under a specific mandate, due to additional time needed for administrative procedures. The new Long Stop Date is set for February 28, 2025, ensuring continued compliance with the Placing Agreement. Investors are advised to remain cautious while dealing with company shares.

For further insights into HK:1640 stock, check out TipRanks’ Stock Analysis page.

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