Hing Yip Holdings Passes Key Bond Extension Vote

China Investments Holdings Limited (HK:0132) has released an update.

Hing Yip Holdings Limited announced unanimous shareholder approval for the extension of the maturity date of its convertible bonds by three years and the authorization for the board to issue new shares upon conversion. The resolution was passed at the special general meeting with a 100% vote in favor, with major shareholder Prize Rich Inc. abstaining due to ownership of approximately 71.41% of the company’s issued share capital. The company’s share registrar, Tricor Progressive Limited, served as the scrutineer for the vote.

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