Powerlong Real Estate Holdings Ltd. (HK:1238) has released an update.
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Powerlong Real Estate Holdings Ltd. has announced an extraordinary general meeting on November 27, 2024, to seek approval for issuing Mandatory Convertible Bonds. These bonds, convertible into ordinary shares over a four-year term, aim to strengthen the company’s financial flexibility. Shareholders are encouraged to participate and vote on this significant financial strategy.
For further insights into HK:1238 stock, check out TipRanks’ Stock Analysis page.