China Environmental Technology Holdings Limited (HK:0646) has released an update.
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China Environmental Technology Holdings Limited has announced amendments to the terms and conditions of its $1.2 million unconverted convertible bonds, which are held by independent bondholders. Upon full conversion, 18,720,000 ordinary shares will be issued, utilizing 37.11% of the company’s general mandate. The company ensures it has sufficient mandate for this conversion, potentially impacting its share structure and market presence.
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