Sinolink Worldwide Holdings (HK:1168) has released an update.
Sinolink Worldwide Holdings has successfully issued HK$200 million in Convertible Bonds following the fulfillment of all conditions in the Subscription Agreement, impacting the company’s shareholding structure. Upon full conversion of these bonds, the shareholding of Asia Pacific Promotion Limited will increase from 51.34% to 64.46%, diluting other shareholders’ stakes. This strategic financial move may influence the company’s market position and investor relations.
For further insights into HK:1168 stock, check out TipRanks’ Stock Analysis page.