Sinolink Plans Capital Reorganization and Bond Issuance

Sinolink Worldwide Holdings (HK:1168) has released an update.

Sinolink Worldwide Holdings Limited announces a special general meeting to be held on July 3, 2024, where shareholders will vote on a proposed capital reorganization that includes a share capital reduction, cancellation, and increase, as well as the authorization for convertible bond issuance. The restructuring aims to adjust the par value of shares and increase authorized capital, while the convertible bonds could potentially be converted into ordinary shares.

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