Wai Chun Group Holdings Limited (HK:1013) has released an update.
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Wai Chun Group Holdings Limited has announced a proposal to alter the terms of its existing convertible bonds. The changes include reducing interest rates to 0%, lowering the conversion price, and extending the maturity dates to December 2027. These adjustments are aimed at improving bondholder terms and are subject to approval by the Stock Exchange.
For further insights into HK:1013 stock, check out TipRanks’ Stock Analysis page.