CMBC Capital Holdings Limited (HK:1141) has released an update.
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CMBC Capital Holdings Limited, through its subsidiary CMBC Investment (HK), has made a notable investment by purchasing Convertible Securities with a principal amount of US$6 million for a total consideration of roughly US$6.17 million. This strategic acquisition, executed over-the-counter, is classified as a discloseable transaction under the Hong Kong Listing Rules, falling within the reporting requirements but not necessitating shareholder approval. The Convertible Securities, issued by ING Groep N.V., will yield an annual interest of 6.5% with a reset mechanism on the rate and are listed on the Global Exchange Market of the Irish Stock Exchange.
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