Taizhou Water Group Co., Ltd. Class H (HK:1542) has released an update.
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Taizhou Water Group Co., Ltd. is set to hold an extraordinary general meeting in January 2025 to discuss the issuance of Renewable Corporate Bonds worth up to RMB400 million. These bonds, aimed at professional institutional investors, will feature a fixed interest rate and are intended to support the company’s working capital or debt repayment. The issuance is pending approval from the Shanghai Stock Exchange.
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