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Future World Holdings Completes New Share Issue to Settle Promissory Note

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Future World Holdings Completes New Share Issue to Settle Promissory Note

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Future World Holdings Limited ( (HK:0572) ) has issued an update.

Future World Holdings Limited has completed the issuance of 23,188,310 new shares under a general mandate to settle a promissory note, with the transaction culminating on February 21, 2025. The share issuance has resulted in a change in the company’s shareholding structure, significantly increasing the Subscriber’s stake from 8.50% to 16.12%, while the overall number of shares has expanded to 278,507,892.

More about Future World Holdings Limited

Future World Holdings Limited is a company incorporated in the Cayman Islands, with its shares publicly traded on the Hong Kong Stock Exchange. The company operates in the financial sector, focusing on investment and asset management services.

YTD Price Performance: -14.66%

Average Trading Volume: 197,535

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$126.4M

For an in-depth examination of 0572 stock, go to TipRanks’ Stock Analysis page.

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