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China Aluminum Cans Holdings Ltd. ( (HK:6898) ) has provided an announcement.
China Aluminum Cans Holdings Ltd. has announced a connected transaction involving the extension of the maturity date of a Convertible Note by five years, from May 2025 to May 2030. This extension, agreed upon with Mr. Lin, the note holder and a major shareholder, is subject to approval by independent shareholders and is considered a connected transaction under Hong Kong’s Listing Rules, necessitating further reporting and shareholder approval processes.
More about China Aluminum Cans Holdings Ltd.
China Aluminum Cans Holdings Ltd. operates in the manufacturing industry, focusing on the production of aluminum aerosol cans. The company is known for its expertise in providing packaging solutions primarily for the cosmetics, household, and pharmaceutical sectors.
YTD Price Performance: -31.25%
Average Trading Volume: 45,793
Technical Sentiment Signal: Buy
Current Market Cap: HK$368.3M
See more data about 6898 stock on TipRanks’ Stock Analysis page.
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