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Xinyang Maojian Group ( (HK:0362) ) has issued an announcement.
China Zenith Chemical Group Limited has announced its intention to issue non-convertible bonds. The proposed issuance involves up to 50 bonds with a principal amount of HK$1,000,000 each, totaling no more than HK$50,000,000, bearing an interest rate of 10% per annum and maturing one year after issuance. The proceeds from these bonds are intended for debt repayment and general working capital. However, the company has not yet entered into any legally binding agreements, and the bond issuance is contingent upon formal agreements being reached. Shareholders and investors are advised to exercise caution.
More about Xinyang Maojian Group
YTD Price Performance: -16.25%
Average Trading Volume: 12,023,066
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$90.55M
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