Bonjour Holdings (HK:0653) has released an update.
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Bonjour Holdings is set to issue 210 million new shares to its chairman and controlling shareholder, Mr. Chen Jianwen, through a loan capitalisation deal valued at HK$33.18 million. This move, which represents a significant portion of the company’s share capital, is aimed at offsetting part of the company’s outstanding loans. The transaction is subject to approval at an upcoming extraordinary general meeting.
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