Kai Yuan Holdings Limited (HK:1215) has released an update.
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Kai Yuan Holdings Limited has announced that Zhonghua Gas has successfully repaid the outstanding principal and accrued interest on their Convertible Bonds, following a prior settlement agreement. This development is crucial for investors monitoring the financial health and commitments of Kai Yuan Holdings. The full repayment marks a positive resolution to the previous default situation.
For further insights into HK:1215 stock, check out TipRanks’ Stock Analysis page.