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CMBC Capital Holdings Announces Significant Acquisition
Company Announcements

CMBC Capital Holdings Announces Significant Acquisition

CMBC Capital Holdings Limited (HK:1141) has released an update.

Invest with Confidence:

CMBC Capital Holdings Limited’s fully-owned subsidiary, CMBC Investment (HK), has completed the acquisition of Notes and Convertible Securities totaling US$7 million. These acquisitions, which took place on two separate occasions, are classified as a disclosable transaction according to the Listing Rules, not requiring shareholder approval. They mark a significant financial move for the company, involving securities originally issued by Standard Chartered PLC with an initial interest rate of 7.776% until November 2024.

For further insights into HK:1141 stock, check out TipRanks’ Stock Analysis page.

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