Value Convergence Holdings Limited (HK:0821) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Value Convergence Holdings Limited has announced the placement of convertible bonds valued at up to HK$30 million, with VC Brokerage Limited acting as the placing agent. The bonds, which could represent over 10% of the company’s enlarged share capital, aim to raise net proceeds of approximately HK$29.2 million for liability repayment and general working capital. Shareholders are advised to exercise caution as the placement’s completion is contingent on certain conditions.
For further insights into HK:0821 stock, check out TipRanks’ Stock Analysis page.