Addvalue Technologies Cuts Convertible Bond Debt Through Major Share Conversion
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.
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