Tian Lun Gas Holdings Limited (HK:1600) has released an update.
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Tian Lun Gas Holdings Limited has announced details surrounding its total return swap transactions, which include payment schedules, settlement terms, and indemnity conditions. The complex financial arrangement involves fixed payments from the company, potential dividend adjustments, and a settlement to be made in Hong Kong Dollars. The transaction’s equity notional amount is set at HK$99,993,770, with provisions for early averaging notices and an indemnity cap of HKD105 million.
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