China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.
China Industrial Securities International Financial Group Ltd. has announced the open market acquisition of perpetual securities totaling approximately US$9.55 million, from CISI Investment, a wholly-owned subsidiary of the company. These acquisitions, which occurred on January 2 and June 20, 2024, are classified as discloseable transactions under the Hong Kong Listing Rules, requiring disclosure but not shareholder approval. The perpetual securities, with no maturity date, yield an interest rate of 3.45% per annum and are listed on the Stock Exchange, guaranteed by the state-owned Power Construction Corporation of China.
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