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Momentum Financial Holdings to Address Debt Restructuring in Upcoming Meeting

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Momentum Financial Holdings to Address Debt Restructuring in Upcoming Meeting

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Momentum Financial Holdings Limited ( (HK:1152) ) has shared an announcement.

Momentum Financial Holdings Limited has announced a special general meeting to discuss key resolutions regarding its debt restructuring efforts. The meeting will address the approval of settlement agreements with creditors, the issuance of conversion shares, and a special deal involving the repayment of a shareholder loan. Additionally, a special resolution will consider a waiver related to mandatory general offer obligations, which could impact the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (HK:1152) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Momentum Financial Holdings Limited stock, see the HK:1152 Stock Forecast page.

More about Momentum Financial Holdings Limited

Average Trading Volume: 6,646,307

Technical Sentiment Signal: Buy

Current Market Cap: HK$289.7M

See more data about 1152 stock on TipRanks’ Stock Analysis page.

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