Weimob (HK:2013) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 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.
Weimob Inc. announces its plan to repurchase US$85 million worth of its remaining guaranteed convertible bonds due in 2029, with Merrill Lynch (Asia Pacific) Limited appointed as the sole dealer manager for the transaction. The repurchase is subject to market conditions and investor demand, and the company cautions shareholders and potential investors to be mindful of the securities’ market activity. Further announcements regarding the repurchase will be made as necessary.
For further insights into HK:2013 stock, check out TipRanks’ Stock Analysis page.