Addvalue Technologies Cuts Convertible Bond Debt Through Major Share Conversion
I'm PortAI, I can summarize articles.
Addvalue Technologies Ltd has reduced its convertible bond liability by converting S$2.51 million into 147,664,287 new shares, decreasing the remaining bond principal from S$2.70 million to S$191,858. This conversion increases the company's share capital from 3.53 billion to 3.68 billion shares, indicating a shift from debt to equity financing. The new shares will trade on the SGX Mainboard starting January 27, 2026. Analysts rate the stock as a Buy with a target price of S$0.08.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments