Wai Chun Group Holdings to Issue HK$45 Million Convertible Bonds

Wai Chun Group Holdings Limited ( (HK:1013) ) just unveiled an update.

Wai Chun Group Holdings Limited has announced a special general meeting to approve a subscription agreement for the issuance of convertible bonds worth HK$45,000,000. This move is aimed at enhancing the company’s financial flexibility and potentially expanding its capital base through the issuance of new ordinary shares upon conversion of these bonds, subject to approval by the Hong Kong Stock Exchange.

More about Wai Chun Group Holdings Limited

Wai Chun Group Holdings Limited is a company incorporated in Bermuda with limited liability, operating primarily in Hong Kong. The company is involved in various business activities, although specific industry and market focus details are not provided in the notice.

Average Trading Volume: 125,458

Technical Sentiment Signal: Sell

Current Market Cap: HK$40.64M

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