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Global Bio-chem Technology Delays Circular Dispatch for Debt Restructuring

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Global Bio-chem Technology Delays Circular Dispatch for Debt Restructuring

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Global Bio-chem Technology Group Co. Ltd. ( (HK:0809) ) has shared an update.

Global Bio-chem Technology Group Co. Ltd. has announced a delay in the dispatch of a circular related to its Suppliers Debt Restructuring Arrangement, which involves the issuance of Consideration Shares under a Specific Mandate. The delay is due to the need for additional time to prepare and finalize necessary information, with the new dispatch date set on or before August 22, 2025. This delay may impact the company’s operational timelines and stakeholder expectations, as the circular is crucial for informing shareholders about the upcoming Extraordinary General Meeting and related transactions.

More about Global Bio-chem Technology Group Co. Ltd.

Global Bio-chem Technology Group Co. Ltd. is a company incorporated in the Cayman Islands, operating within the biotechnology industry. It is primarily involved in the production and development of biochemical products.

Average Trading Volume: 8,089,036

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.05B

Learn more about 0809 stock on TipRanks’ Stock Analysis page.

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