Kidsland International Holdings Limited (HK:2122) has released an update.
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Kidsland International Holdings Limited has entered into a Loan Capitalisation Agreement with Asian Glory and Lovable, involving the issuance of new ordinary and convertible preference shares to settle a loan. This transaction, which requires amendments to the company’s articles of association, is subject to approval by independent shareholders due to its classification as a connected transaction under Hong Kong’s Listing Rules.
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