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The latest update is out from South China Holdings Company Limited ( (HK:0413) ).
South China Holdings Company Limited has announced an extraordinary general meeting to discuss and potentially approve a supplemental agreement involving Thousand China Investments Limited and South China Financial Holdings Limited. The agreement seeks to extend the maturity date of convertible bonds by three years, alter the interest rate, and adjust the conversion price, which could significantly impact the company’s financial strategy and stakeholder interests.
The most recent analyst rating on (HK:0413) stock is a Hold with a HK$0.03 price target. To see the full list of analyst forecasts on South China Holdings Company Limited stock, see the HK:0413 Stock Forecast page.
More about South China Holdings Company Limited
South China Holdings Company Limited operates in the financial sector, primarily focusing on investments and financial services. The company is involved in managing convertible bonds and other financial instruments, with a market focus that includes strategic financial agreements and partnerships.
YTD Price Performance: -10.53%
Average Trading Volume: 1,424,975
Technical Sentiment Signal: Hold
Current Market Cap: HK$441.4M
For detailed information about 0413 stock, go to TipRanks’ Stock Analysis page.