CMBC Capital Holdings Limited (HK:1141) has released an update.
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CMBC Capital Holdings Limited, through its wholly-owned subsidiary CMBC Investment (HK), has invested $5 million in bonds offered by Zhejiang Baron (BVI) Company Limited, guaranteed by Hangzhou Shangcheng District Urban Construction & Comprehensive Development Co., Limited. The deal, which constitutes a disclosable transaction according to the Listing Rules, was funded by the company’s internal resources without requiring shareholder approval.
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