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NWS Holdings ( (HK:0659) ) has provided an update.
NWS Holdings has announced its plan to issue HK$780 million in convertible bonds due 2025. This initiative aims to raise funds for general corporate purposes, including replenishing working capital and settling portions of the company’s existing bonds and loans. The bonds, which will be convertible into new shares, are set to be listed on the Vienna Stock Exchange. The move is a strategic effort to enhance financial flexibility, though the completion of this issuance is subject to fulfilling certain conditions.
More about NWS Holdings
YTD Price Performance: -1.31%
Average Trading Volume: 491
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.91B
Find detailed analytics on 0659 stock on TipRanks’ Stock Analysis page.
