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China Aluminum Cans Holdings Ltd. ( (HK:6898) ) just unveiled an update.
China Aluminum Cans Holdings Ltd. announced a connected transaction involving the extension of the maturity date of its existing Convertible Note by five years from May 2025 to May 2030. This move, involving major shareholder Mr. Lin, is subject to compliance with Hong Kong’s Listing Rules, necessitating independent shareholder approval, and aims to provide the company with more strategic financial flexibility.
More about China Aluminum Cans Holdings Ltd.
China Aluminum Cans Holdings Ltd. operates in the aluminum products industry, focusing primarily on manufacturing and distributing aluminum aerosol cans and related products, serving a variety of markets, including personal care and household products.
YTD Price Performance: -11.61%
Average Trading Volume: 48,347
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$478.3M
See more insights into 6898 stock on TipRanks’ Stock Analysis page.