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Annica Holdings Reviews Debt Conversion Plan

Annica Holdings Reviews Debt Conversion Plan

Annica Holdings Limited (SG:5AL) has released an update.

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Annica Holdings Limited convened an extraordinary general meeting (EGM) on August 29th, 2024, where shareholders gathered to discuss a proposed debt conversion. Despite the absence of one director due to medical leave, the meeting proceeded with a quorum and votes were cast via proxy forms representing over 5 billion shares. The company had previously circulated the meeting notice and related circulars on SGXNet and its corporate website.

For further insights into SG:5AL stock, check out TipRanks’ Stock Analysis page.

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