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Kasen International Holdings Announces EGM for Convertible Bonds and Whitewash Waiver

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Kasen International Holdings Announces EGM for Convertible Bonds and Whitewash Waiver

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Kasen International Holdings Ltd. ( (HK:0496) ) has provided an update.

Kasen International Holdings Limited has announced an Extraordinary General Meeting (EGM) to be held on May 30, 2025, in Haining City, Zhejiang Province, China. The meeting will address the approval of the proposed conversion of convertible bonds into company shares and a special resolution regarding a Whitewash Waiver, which would exempt Joyview Enterprises Limited from making a mandatory offer for all issued shares. This move is significant for the company’s financial structuring and could impact its market dynamics and stakeholder interests.

More about Kasen International Holdings Ltd.

Average Trading Volume: 328,717

Technical Sentiment Signal: Sell

Current Market Cap: HK$461.8M

For a thorough assessment of 0496 stock, go to TipRanks’ Stock Analysis page.

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