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Shenghui Cleanness Group Terminates Bonds Placement
Shenghui Cleanness Group Looking to Raise Nearly HK$95 Million Via Convertible Bonds Issue
Shenghui Clean (02521.HK) terminates the distribution agreement.
Shenghui Clean (02521.HK) announced that a proposed maximum of 94.57 million yuan convertible bonds for subscription. The Company and the subscription agents mutually agreed to terminate the subscription agreement immediately, with no party making any claims against the other party regarding the subscription agreement. The Company believes that the termination of the subscription agreement and the proposed subscription arrangements will not have a significant adverse impact on its business operations and financial condition.
Shenghui Clean announced the termination of the convertible bonds issuance under general mandate.
Shenghui clean (02521) announced that the company and the placing agent entered into a termination agreement on October 31, 2024. Pursuant to this agreement, the company and the placing agent mutually agreed to immediately terminate the placing agreement. The parties to the placing agreement will terminate and conclude all rights, interests, obligations, and liabilities arising from or in connection with the placing agreement, and the parties to the placing agreement shall not make any claims against each other regarding any matters arising from or relating to the placing agreement.
Shenghui Clean (02521) plans to issue convertible bonds with a maximum principal amount of up to 94.575 million Hong Kong dollars.
shenghui clean (02521) announced that on October 30, 2024, the company intends to raise funds through placement agents to no fewer than...
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