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Momentum Financial Holdings Delays Debt Restructuring Circular

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Momentum Financial Holdings Delays Debt Restructuring Circular

Momentum Financial Holdings Limited ( (HK:1152) ) just unveiled an announcement.

Momentum Financial Holdings Limited has announced a delay in the dispatch of a circular related to its proposed debt restructuring, involving the issuance of convertible bonds under a specific mandate and an application for a whitewash waiver. The delay is due to the need for additional time to confirm certain financial information with creditors. The company has applied for an extension to dispatch the circular by February 28, 2025, with further announcements to follow.

More about Momentum Financial Holdings Limited

YTD Price Performance: 6.25%

Average Trading Volume: 2,472,461

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$83.47M

Learn more about 1152 stock on TipRanks’ Stock Analysis page.

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