Chinney Kin Wing Holdings Limited (HK:1556) has released an update.
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Chinney Kin Wing Holdings Limited has announced a special general meeting scheduled for September 25, 2024, to address the approval and ratification of a HK$250 million loan agreement with Chinney Investments, Limited. Shareholders are entitled to appoint proxies to vote on their behalf for the resolution, which includes an interest rate of 6.0% per annum. The board has authorized directors to execute necessary steps and documents to facilitate the loan agreement and its related transactions.
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