4 stories mentioning HKG:1364Updated 30d ago
Every FINWIRES story that references HKG:1364, newest first.
Guming Holdings (HKG:1364) has an average rating of buy and mean price target of HK$31.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Chinese teahouse chain Guming (HKG:1364) on Wednesday priced a HK$1.96 billion bond offering, according to a filing with the Hong Kong bourse.The zero-coupon guaranteed bonds convert into shares of the company at an initial rate of HK$23.54 each.Assuming full conversion, the bonds can be swapped for a total of 83.3 million shares representing 3.50% of the company's issued share capital and 3.43% as enlarged by the issue.The bonds will be issued at 101% of their face value and will be listed on the Vienna Stock Exchange, the firm said.The company will use proceeds mainly to expand overseas, procure raw materials and equipment, repurchase shares, and for general corporate purposes.
A unit of Guming (HKG:1364) is proposing an international bond offering, according to a Tuesday Hong Kong bourse filing.The issuer will issue HK Dollar-denominated convertible bonds, which will be guaranteed by Chinese teahouse chain Guming, to professional investors outside the U.S.The company will use proceeds mainly to expand overseas, procure raw materials and equipment, repurchase shares, and for general corporate purposes.The terms and conditions of the bonds are yet to be finalized.
Guming Holdings (HKG:1364) has an average rating of buy and mean price target of HK$34.31, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
