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Kasen International Announces Whitewash Circular Dispatch and EGM Details

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Kasen International Announces Whitewash Circular Dispatch and EGM Details

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Kasen International Holdings Ltd. ( (HK:0496) ) has shared an announcement.

Kasen International Holdings Limited, a company incorporated in the Cayman Islands, has announced the dispatch of a circular related to the proposed conversion of convertible bonds and an application for a whitewash waiver. This circular includes details about the proposed conversion, advice from the Independent Board Committee and Financial Adviser, and a notice of an Extraordinary General Meeting (EGM) scheduled for May 30, 2025. The approval of the whitewash waiver by the Executive and Independent Shareholders is crucial for the conversion of the bonds, and shareholders are advised to exercise caution when dealing with the company’s securities.

More about Kasen International Holdings Ltd.

Average Trading Volume: 328,717

Technical Sentiment Signal: Sell

Current Market Cap: HK$461.8M

For detailed information about 0496 stock, go to TipRanks’ Stock Analysis page.

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