Yunnan Water Investment Co., Limited Class H (HK:6839) has released an update.
Yunnan Water Investment Co., Limited has announced its intention to seek shareholder approval for providing guarantees of up to RMB 1.0 billion to its subsidiaries, aimed at enhancing their ability to secure timely credit financing. The guarantees will support the credit business and other financial dealings of both onshore and offshore subsidiaries in compliance with PRC regulations. Shareholder voting on this special resolution is set for the upcoming Annual General Meeting on June 28, 2024.
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