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Kasen International Holdings Ltd. ( (HK:0496) ) has issued an announcement.
Kasen International Holdings Ltd. has announced the issuance of corporate bonds worth $70 million through its non-wholly owned subsidiary, Koh Kong Zhejiang SEZ Co., Ltd., in Cambodia. The funds raised will be utilized for infrastructure development and the construction of a biomass power plant, indicating a strategic expansion in the region and potentially enhancing the company’s operational capabilities and market presence.
The most recent analyst rating on (HK:0496) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kasen International Holdings Ltd. stock, see the HK:0496 Stock Forecast page.
More about Kasen International Holdings Ltd.
Kasen International Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the industry of infrastructure development and power generation. Its primary focus is on constructing infrastructure and biomass power plants, with a market focus that includes regions such as Cambodia.
Average Trading Volume: 348,061
Technical Sentiment Signal: Buy
Current Market Cap: HK$899.9M
See more data about 0496 stock on TipRanks’ Stock Analysis page.