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Sun Hung Kai & Co. Limited Subscribes to Pantheon Resources Bonds

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Sun Hung Kai & Co. Limited Subscribes to Pantheon Resources Bonds

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Sun Hung Kai & Co. Limited ( (HK:0086) ) has issued an update.

Sun Hung Kai & Co. Limited has announced its decision to subscribe to US$30 million of senior convertible bonds issued by Pantheon Resources PLC, set to mature in March 2028. This transaction, classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, highlights the company’s strategic investment approach and may influence its financial position with a potential conversion into Pantheon shares.

More about Sun Hung Kai & Co. Limited

YTD Price Performance: 2.50%

Average Trading Volume: 4,214

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €665.7M

Learn more about 0086 stock on TipRanks’ Stock Analysis page.

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