CGN Power Co (HK:1816) has released an update.
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CGN Power Co., Ltd. has announced a forthcoming shareholders’ meeting scheduled for August 8, 2024, to discuss and potentially approve the issuance of A Share Convertible Corporate Bonds to non-specific investors. The resolutions will cover various aspects of the bonds, including terms, interest rates, and conversion details. The move aims to diversify the company’s financial strategy and strengthen its capital structure.
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