Wonderful Sky Financial Group Holdings Limited (HK:1260) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 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.
Wonderful Sky Financial Group Holdings Limited has clarified that their proposed amendments to the Silver Grant Convertible Bonds constitute a major transaction, rather than a discloseable transaction as previously announced. This revision means the amendments will now require shareholder approval and will be subject to additional listing rules. The controlling shareholder, Sapphire Star Investments Limited, has already given written approval, negating the need for an extraordinary general meeting.
For further insights into HK:1260 stock, check out TipRanks’ Stock Analysis page.