Value Convergence Holdings Limited (HK:0821) has released an update.
Value Convergence Holdings Limited has announced the lapse of its planned placing of convertible bonds, as the conditions precedent were not met by the specified deadline. Consequently, the agreement has been terminated without any further obligations or claims between the involved parties, barring any previous breaches. The company’s directors believe that this development will not materially affect the group’s business operations or financial position.
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