Solis Holdings Ltd. Acquires Bonds in Discloseable Transactions
Solis Holdings Ltd. (HK:2227) has announced the acquisition of three bonds, totaling approximately HK$9.3 million, in transactions considered discloseable under Hong Kong Stock Exchange’s Listing Rules. The bonds were acquired on January 29, July 31, and September 30, 2024. These transactions exceed the 5% threshold but are below 25%, thus requiring reporting but not shareholder approval. The company's current market cap is HK$116.3M with an average trading volume of 944,695 and a technical sentiment signal indicating a buy.
Solis Holdings Ltd. ( (HK:2227) ) has provided an update.
Solis Holdings Ltd. has announced the acquisition of three bonds, Bond A, Bond B, and Bond C, on the open market. The acquisitions were made on January 29, July 31, and September 30, 2024, with considerations of approximately HK$3.0 million, HK$3.0 million, and HK$3.3 million, respectively. These transactions are considered discloseable under the Hong Kong Stock Exchange’s Listing Rules, as they exceed the 5% threshold but remain below 25%, thus requiring reporting and announcement but not shareholder approval.
More about Solis Holdings Ltd.
Average Trading Volume: 944,695
Technical Sentiment Signal: Buy
Current Market Cap: HK$116.3M
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