Okura Holdings Extends 1st Series Bond Maturity

Okura Holdings Limited (HK:1655) has released an update.

Okura Holdings Limited announced a major transaction involving the extension of the maturity date for its 1st Series Bond from July 31, 2024, to July 31, 2027. This transaction requires shareholder approval according to Chapter 14 of the Listing Rules and has already secured written consent from the controlling shareholder, Mr. Katsuya YAMAMOTO. The company is also seeking a waiver for the delayed dispatch of a circular that will provide further details on the transaction to its shareholders.

For further insights into HK:1655 stock, check out TipRanks’ Stock Analysis page.