Global Sweeteners Announces Call Option Agreement on Convertible Bonds
Global Sweeteners Holdings Limited has announced a call option agreement involving substantial shareholders and Mr. Ko Kin Hang, granting call options over the company’s Second Batch Convertible Bonds worth RMB27.0 million. This strategic move allows Mr. Ko to convert these bonds into shares, potentially impacting the company’s equity structure and market positioning. The company operates in the sweeteners industry and has a current market cap of HK$170M, with a year-to-date price performance of -26.67%.
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Global Sweeteners Holdings Limited ( (HK:3889) ) has issued an announcement.
Global Sweeteners Holdings Limited has announced a call option agreement involving its substantial shareholders and Mr. Ko Kin Hang, granting call options over the company’s Second Batch Convertible Bonds worth RMB27.0 million. This strategic move allows Mr. Ko to convert these bonds into shares, potentially impacting the company’s equity structure and market positioning.
More about Global Sweeteners Holdings Limited
Global Sweeteners Holdings Limited operates in the sweeteners industry, focusing on the production and distribution of various sweetening products.
YTD Price Performance: -26.67%
Average Trading Volume: 556,450
Technical Sentiment Signal: Sell
Current Market Cap: HK$170M
See more data about 3889 stock on TipRanks’ Stock Analysis page.
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