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NWS Holdings ( (HK:0659) ) has provided an announcement.
NWS Holdings, a company incorporated in Bermuda, is currently addressing issues related to its public float requirements. The company, along with Century Acquisition, has been granted a further extension of a waiver from the Hong Kong Stock Exchange to comply with the minimum public float requirement of 25%. This extension is necessary due to market uncertainties and volatilities, and the company is actively taking steps to restore its public float to the requisite level. Recent initiatives include the issuance of convertible bonds aimed at enhancing the company’s capital base and benefiting its long-term development.
The most recent analyst rating on (HK:0659) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page.
More about NWS Holdings
Average Trading Volume: 1,134,628
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$31.28B
See more insights into 0659 stock on TipRanks’ Stock Analysis page.