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Wai Chun Bio-Technology Announces Capital Reorganization Plans

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Wai Chun Bio-Technology Announces Capital Reorganization Plans

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Wai Chun Bio-Technology Ltd. ( (HK:0660) ) just unveiled an announcement.

Wai Chun Bio-Technology Limited, a company incorporated in the Cayman Islands, has announced a supplemental update regarding its proposed capital reorganization and a connected transaction involving the alteration of terms for existing convertible bonds. The capital reorganization is contingent on various conditions, including approval by shareholders and the Grand Court of the Cayman Islands. The company has provided an expected timetable for these events, emphasizing that the timeline is indicative and subject to change.

More about Wai Chun Bio-Technology Ltd.

YTD Price Performance: 21.43%

Average Trading Volume: 69,920

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$14.58M

For an in-depth examination of 0660 stock, go to TipRanks’ Stock Analysis page.

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