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An announcement from Yidu Tech, Inc. ( (HK:2158) ) is now available.
Yidu Tech Inc. has announced an amendment to its Total Return Swap (TRS) Transaction, increasing the maximum Equity Notional Amount from HK$80 million to HK$186 million. This adjustment is aimed at hedging against potential share price increases related to the company’s Post-IPO Share Award Scheme. The amendment does not trigger any additional reporting or shareholder approval requirements under the Hong Kong Listing Rules, and all other terms of the TRS Transaction remain unchanged.
More about Yidu Tech, Inc.
YTD Price Performance: 13.15%
Average Trading Volume: 31,823,952
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.99B
See more insights into 2158 stock on TipRanks’ Stock Analysis page.