Charisma Energy Services (SG:5QT) has released an update.
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Charisma Energy Services is making strides in its financial restructuring, as it extends the agreement date for its key contracts and manages its operations in Sri Lanka, which continue to generate positive cash flows. The company is addressing payment delays due to a transition in loan management and is working on finalizing a convertible loan agreement as part of its strategy to regularize its defaulted hydro loan.
For further insights into SG:5QT stock, check out TipRanks’ Stock Analysis page.
