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Solis Holdings Ltd. ( (HK:2227) ) has shared an announcement.
Solis Holdings has purchased a Singapore dollar–denominated bond issued by Seatrium Financial Services for S$2.50375 million, equivalent to about HK$15.4 million, using its internal resources. The bond, guaranteed by Seatrium Limited, carries a 2.95% annual coupon, matures in April 2031, and its size makes the deal a discloseable but non–shareholder-approval transaction under Hong Kong listing rules, signalling a measured move to deploy surplus cash into fixed-income assets backed by a major offshore and marine engineering group.
More about Solis Holdings Ltd.
Solis Holdings Ltd., incorporated in the Cayman Islands and listed on Hong Kong’s Main Board, operates primarily in the engineering sector. The group focuses on designing, building and installing mechanical and electrical systems, positioning it as a specialist contractor serving infrastructure and building projects that require integrated M&E solutions.
Average Trading Volume: 813,991
Technical Sentiment Signal: Buy
Current Market Cap: HK$270.1M
See more insights into 2227 stock on TipRanks’ Stock Analysis page.