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GoFintech Innovation Limited ( (HK:0290) ) just unveiled an update.
GoFintech Quantum Innovation Limited has announced a connected transaction involving loan capitalisation through the issuance of new shares under a specific mandate. The company has agreed to allot and issue 458,769,789 Capitalisation Shares at an issue price of HK$1.28 per share, with the consideration being offset against a repayment amount of approximately HK$587.225 million. This transaction, which involves a substantial shareholder and connected person, requires approval from independent shareholders and is subject to listing rules implications. An Extraordinary General Meeting (EGM) will be held to seek approval for the transaction.
More about GoFintech Innovation Limited
GoFintech Quantum Innovation Limited, formerly known as GoFintech Innovation Limited, is a company incorporated in the Cayman Islands with limited liability. It operates in the financial technology industry and is listed on the Stock Exchange of Hong Kong.
YTD Price Performance: 55.70%
Average Trading Volume: 4,811,155
Technical Sentiment Signal: Sell
Current Market Cap: HK$9.46B
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