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TRENDZON HLDG (01865) Shareholders will transfer Stocks from Man Ho Securities to Gao Yu Securities with a Market Cap of 28.5186 million HKD.
On March 24th, TRENDZON HLDG (01865) shareholders transferred stocks from Man Ho Securities to Gao Yu Securities, with a transfer Market Cap of 28.5186 million HKD, accounting for 14.08%.
Trendzon Holdings Group Limited's (HKG:1865) Shares Climb 39% But Its Business Is Yet to Catch Up
TRENDZON HLDG (01865.HK) has completed the allocation of a total of 28.336 million shares.
On March 19, Gelonghui reported that TRENDZON HLDG (01865.HK) announced that all conditions of the subscription agreement had been met, and as of the announcement date, a total of 28,336,000 subscription shares were allocated and issued to the subscribers according to the terms and conditions of the subscription agreement. The net proceeds from the subscription amount to approximately HKD 5,617,000. The company intends to (i) use about 60% or HKD 3.4 million of the net proceeds to repay the group's liabilities; and (ii) use about 40% or HKD 2.2 million of the net proceeds to supplement the group's general working capital.
Trendzon Holdings Raises HK$40 Million Through Private Bond Placement
TRENDZON HLDG (01865.HK) plans to issue Bonds of 40 million Hong Kong dollars.
On March 13, Gelonghui reported that TRENDZON HLDG (01865.HK) announced that the company has entered into a placement agreement with Manhao, whereby the company agrees to appoint Manhao as the placement agent for the Bonds placement matters during the placement period. On March 13, 2025, the company entered into a subscription agreement with the subscriber, Zhongding Holdings Development Co., Ltd., whereby the subscriber agrees to subscribe for Bonds with a principal amount of 40 million Hong Kong dollars in accordance with the terms of the subscription agreement and the Bonds document.
Express News | Trendzon - to Place 3% Coupon Unlisted Bonds With Term of 1 Year With Principal Amount of HK$40 Mln