China Ruifeng Renewable Energy Holdings Ltd. (HK:0527) has released an update.
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China Ruifeng Renewable Energy Holdings Ltd. has announced a delay in the completion of its proposed share subscription and convertible bonds due to pending approvals from Hebei Provincial Government authorities. The company is awaiting the execution of a Formal Equity Transfer Agreement and anticipates that the necessary consents might be obtained by the end of November 2024. Investors are advised to stay tuned for further updates on this ongoing transaction.
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