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Far East Horizon Adjusts Convertible Bond Conversion Prices Following Dividend Declaration

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Far East Horizon Limited ( (HK:3360) ) just unveiled an update.

Far East Horizon Limited has announced adjustments to the conversion prices of its 2020 and 2021 convertible bonds due to the declaration of a final dividend. These adjustments, effective from May 6, 2025, will lower the conversion prices, increasing the number of shares issuable upon full conversion, thereby impacting the company’s share capital structure and potentially its market positioning.

More about Far East Horizon Limited

Far East Horizon Limited operates in the financial services industry, focusing on providing financial leasing and advisory services. The company is known for its issuance of convertible bonds and operates with a market focus on leveraging financial instruments to support its growth and shareholder value.

YTD Price Performance: 6.85%

Average Trading Volume: 10,804,011

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$24.16B

For detailed information about 3360 stock, go to TipRanks’ Stock Analysis page.

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