GCL-Poly Energy Holdings (HK:3800) has released an update.
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GCL-Poly Energy Holdings is set to issue up to 1.56 billion new shares, aiming to raise approximately HK$1,530 million, as part of a strategic funding effort under its Issuance Mandate. Additionally, the company is exploring a potential issuance of convertible bonds, expected to be worth up to US$500 million, although this plan is still under negotiation. Investors are advised to stay cautious as these financial moves are subject to certain conditions and may not proceed.
For further insights into HK:3800 stock, check out TipRanks’ Stock Analysis page.
