Charisma Energy Services (SG:5QT) has released an update.
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Charisma Energy Services Limited has successfully completed the sale of its 80% stake in Yichang Smartpower Green Electricity Co., Ltd. on September 19, 2024. The transaction involved a payment into escrow, a corporate guarantee agreement, and the termination of a counter-guarantee agreement. Following the completion of the sale, Yichang is no longer a subsidiary, and all related liabilities of Charisma Energy have ceased.
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