China NT Pharma Group Co., Ltd. (HK:1011) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
China NT Pharma Group Co., Ltd. is undergoing a loan capitalization process involving the subscription of new shares by Subscriber A and Subscriber B to offset significant outstanding loans. This financial maneuver will notably enhance the shareholding of these subscribers to 75% of the company’s issued share capital. The company is also applying for a Whitewash Waiver to avoid a mandatory general offer for all shares not owned by these parties.
For further insights into HK:1011 stock, check out TipRanks’ Stock Analysis page.