China NT Pharma Group Co., Ltd. (HK:1011) has released an update.
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China NT Pharma Group Co., Ltd. is undergoing a loan capitalization process involving the subscription of new shares by Subscriber A and Subscriber B to offset significant outstanding loans. This financial maneuver will notably enhance the shareholding of these subscribers to 75% of the company’s issued share capital. The company is also applying for a Whitewash Waiver to avoid a mandatory general offer for all shares not owned by these parties.
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