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Express News | Goldman Sachs Group Increases Long Position in Weimob Inc to 7.19% on Sept 9 From 2.22% - HKEX
Microcom's (02013) 2024 interim report: The "combination punch" of cost reduction and efficiency increase has shown significant results, and the adjusted net loss has been greatly reduced.
Based on the current rate of loss reduction, Weimeng will soon be able to achieve positive adjusted net income for the whole year.
Weimob Plans Sale of $90 Million 7.5% Convertible Bonds
Express News | Weimob Inc - Issue Price of 2024 Convertible Bonds Shall Be 97.625 per Cent
Weimob Inc (02013.HK): Recommend repurchasing $85 million convertible bonds with guarantee maturing in 2029.
On August 29th, Weimob Inc. (02013.HK) announced that its fully-owned subsidiary, as the issuer, will issue $85 million 7.50% guaranteed convertible bonds due in 2029 unconditionally and irrevocably guaranteed by the company. The total principal amount of the outstanding convertible bonds not yet redeemed is $85 million (the "remaining convertible bonds"). On August 29th, 2024, the issuer and the company entered into an agreement proposing to repurchase the remaining convertible bonds.
Express News | Voluntary Announcement- Proposed Repurchase of US$85 Million- Guaranteed Convertible Bonds Due 2029
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