OIO Holdings Ltd. (SG:KUX) has released an update.
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OIO Holdings Ltd. announces the impending maturity of its convertible notes, worth $1.49 million, due on December 29, 2024. Upon maturity, these notes, along with any accrued interest, will be converted into fully-paid ordinary shares of the company. This strategic move is expected to impact the shareholding structure, with Xwin Asset Management Japan LLC seeing changes in their ownership percentage.
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