Asia Tele-Net and Technology Corp Ltd (HK:0679) has released an update.
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Asia Tele-Net and Technology Corp Ltd has expanded its financial portfolio by acquiring a senior unsecured bond with a nominal value of USD 3 million from CLP Power Hong Kong Financing Limited for a purchase price of USD 2,689,050. This strategic move, completed on September 10, 2024, is part of the company’s treasury management activities and is expected to offer better returns compared to fixed-term deposits. The transaction is also a discloseable event per Hong Kong Listing Rules, requiring public disclosure due to its size.
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