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Cinda International Announces US$2 Million Bond Subscription

Story Highlights
  • Cinda International subscribed to US$2 million in bonds on February 27, 2025.
  • The transaction is a discloseable event under Hong Kong’s Listing Rules, requiring notification but not shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cinda International Announces US$2 Million Bond Subscription

Elevate Your Investing Strategy:

Cinda International Holdings Limited ( (HK:0111) ) just unveiled an announcement.

Cinda International Holdings Limited, incorporated in Bermuda, has announced a discloseable transaction involving the subscription of bonds worth US$2 million. The transaction, which took place on February 27, 2025, was facilitated by CICL and other lead managers, and is considered a discloseable transaction under Hong Kong’s Listing Rules, requiring notification and announcement but not shareholder approval. The bonds will be accounted for as a fixed income investment, funded from the company’s internal resources.

More about Cinda International Holdings Limited

YTD Price Performance: -3.33%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €22.22M

Learn more about 0111 stock on TipRanks’ Stock Analysis page.

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