Hing Yip Holdings Plans Bond Maturity Extension

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

Hing Yip Holdings Limited has announced a special general meeting to be held on September 26, 2024, at the Regal Kowloon Hotel in Hong Kong, where shareholders will consider approving a three-year extension of the maturity date for outstanding convertible bonds worth HK$166,232,000. Shareholders will also deliberate on granting the board authority to issue new shares upon conversion of the bonds and authorize directors to implement the extension. The notice emphasizes the need for proxies to be lodged with the company’s principal place of business 48 hours before the meeting.

For further insights into HK:0132 stock, check out TipRanks’ Stock Analysis page.