China Energy Storage Appoints Adviser for Rights Issue

Link-Asia International Medtech Group Ltd. (HK:1143) has released an update.

China Energy Storage Technology Development Limited has formed an Independent Board Committee and appointed Vinco Financial Limited as an Independent Financial Adviser to evaluate the fairness of a proposed Rights Issue. These steps aim to ensure that the terms are beneficial for the company and its shareholders, with the findings to be shared in an upcoming circular. This move is likely to capture the interest of investors keen on the company’s strategic direction and financial health.

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