CGN Power Co (HK:1816) has released an update.
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CGN Power Co., Ltd. has announced its first extraordinary general meeting for 2024, scheduled for August 8, to discuss key resolutions including the issuance of A Share Convertible Corporate Bonds to non-specific investors. Shareholders will review and vote on various aspects of the bond issuance, such as terms, coupon rate, and use of proceeds. This move could significantly impact the company’s financial strategy and shareholder returns.
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