China Sinostar Negotiates Bond Maturity Extension

China Sinostar Group Company Limited (HK:0485) has released an update.

China Sinostar Group Company Limited has announced they are negotiating an extension for the maturity date of Bond B until September 30, 2024, following the transfer of the bond from the original petitioner to a new independent holder. Consequently, the petitioner has agreed to withdraw the winding-up petition against the company. Shareholders and potential investors are advised to exercise caution when trading the company’s shares.

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