Wonderful Sky Financial Group Holdings Limited (HK:1260) has released an update.
Wonderful Sky Financial Group Holdings Limited has executed a significant transaction by exchanging their existing Zhongliang Notes for new ones, valued at US$6.06 million, without additional cash consideration. This strategic move, involving notes exceeding 25% but under 100% of the highest relevant percentage ratio, has been approved by the controlling shareholder, negating the need for a general shareholder meeting. The exchange strengthens the company’s financial portfolio without affecting its cash reserves.
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