Charisma Energy Services (CHVEF) has released an update.
Charisma Energy Services Limited has recently made significant strides, including an equity transfer agreement for its China photovoltaic power plant, steady cash flow from its Sri Lankan mini-hydro power plants, and ongoing negotiations to extend a crucial long stop date and finalize a loan agreement as part of its restructuring plan. The company has assured shareholders that it will provide updates and seek approval for the disposal of its China plant interests through a general meeting.
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