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Wai Chun Bio-Technology to Issue HK$15 Million in Convertible Bonds

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Wai Chun Bio-Technology to Issue HK$15 Million in Convertible Bonds

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Wai Chun Bio-Technology Ltd. ( (HK:0660) ) has shared an announcement.

Wai Chun Bio-Technology Limited has announced an extraordinary general meeting to approve the issuance of new convertible bonds worth HK$15,000,000. This move is subject to various conditions, including approvals from the Hong Kong Stock Exchange and the Grand Court of the Cayman Islands. The issuance aims to strengthen the company’s financial position and enhance its operational capabilities, potentially impacting its market stance and shareholder value.

More about Wai Chun Bio-Technology Ltd.

Wai Chun Bio-Technology Limited operates in the biotechnology industry, focusing on the development and commercialization of advanced bio-technological products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 440,439

Technical Sentiment Signal: Buy

Current Market Cap: HK$42.3M

See more data about 0660 stock on TipRanks’ Stock Analysis page.

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