Charisma Energy Services (SG:5QT) has released an update.
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Charisma Energy Services has received a conditional nod from SGX RegCo for its trading resumption proposal and entered a convertible loan agreement to manage the debt of its Sri Lanka Hydro-Power Plants. This agreement could see up to S$10.25 million in loans converted to new shares, providing a potential boost to the company’s financial stability.
For further insights into SG:5QT stock, check out TipRanks’ Stock Analysis page.
