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Binhai Investment Co ( (HK:2886) ) has provided an update.
Binhai Investment Company Limited has announced the redemption of 480,650 redeemable preference shares held by TEDA Hong Kong Property Company Limited at a par value of HK$50 each, amounting to HK$24,032,500. This decision follows the fulfillment of specific conditions outlined in the company’s Bye-laws and is not expected to adversely impact the company’s financial position.
More about Binhai Investment Co
Average Trading Volume: 363,229
Current Market Cap: HK$1.48B
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