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Asia Tele-Net Acquires Fixed Rate Note

Asia Tele-Net Acquires Fixed Rate Note

Asia Tele-Net and Technology Corp Ltd (HK:0679) has released an update.

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Asia Tele-Net and Technology Corporation Limited has announced the acquisition of a Fixed Rate Note for USD 3.5 million, an investment that falls within the discloseable transaction category as per Hong Kong Listing Rules. The transaction, which is set to be completed on October 3, 2024, is financed through internal resources and involves DBS Bank Ltd as the issuer. The acquisition aligns with the company’s treasury management strategies and involves no affiliation with the company’s directors or their associates.

For further insights into HK:0679 stock, check out TipRanks’ Stock Analysis page.

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