China Baoli Technologies Holdings Ltd. (HK:0164) has released an update.
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China Baoli Technologies Holdings Ltd. has announced the issuance of Convertible Bonds to CQ Zifeng as part of a settlement agreement. The Convertible Bonds, valued at RMB128,370,000, will potentially result in the allotment and issue of approximately 11.99% of the company’s existing shares upon full conversion. Shareholders are advised to exercise caution when dealing in the company’s shares, with further details to be provided in an upcoming circular.
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