Weimob (HK:2013) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Weimob Inc. has successfully completed the issuance of US$90 million in guaranteed convertible bonds due in 2029, set to be listed on the Hong Kong Stock Exchange. The company has raised net proceeds of approximately US$86 million, primarily for the purpose of refinancing existing debt. This financial move will potentially affect the company’s share capital structure upon full conversion of these bonds.
For further insights into HK:2013 stock, check out TipRanks’ Stock Analysis page.