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Sunpower Group Ltd. ( (SG:5GD) ) has issued an announcement.
Sunpower Group Ltd. has announced the maturity date for its existing convertible bonds, held by several entities, to be the 15th business day after the issuance of its 2024 audited financial statements. The company plans to raise approximately S$95.78 million through a Rights Issue to redeem these bonds, with the outstanding principal amount currently at approximately US$60.46 million after partial redemptions.
More about Sunpower Group Ltd.
YTD Price Performance: -16.00%
Average Trading Volume: 175,983
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$167.1M
For a thorough assessment of 5GD stock, go to TipRanks’ Stock Analysis page.
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