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CMBC Capital Makes Strategic Bond Acquisition
Company Announcements

CMBC Capital Makes Strategic Bond Acquisition

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

Invest with Confidence:

CMBC Capital Holdings Limited, through its wholly-owned subsidiary CMBC Investment (HK), has engaged in a significant financial move by purchasing bonds with a principal amount of US$5 million in the over-the-counter market. This strategic acquisition, involving bonds issued by Yi Bright International Limited and guaranteed by Linyi City Construction Investment Group Co., Ltd., is set to yield a 7.4% interest per annum until maturity in August 2026. The transaction falls under a disclosable category according to Listing Rules, thereby mandating a public announcement but not requiring shareholder approval.

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

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