Charisma Energy Services (CHVEF) has released an update.
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Charisma Energy Services Limited has recently made significant strides, including an equity transfer agreement for its China photovoltaic power plant, steady cash flow from its Sri Lankan mini-hydro power plants, and ongoing negotiations to extend a crucial long stop date and finalize a loan agreement as part of its restructuring plan. The company has assured shareholders that it will provide updates and seek approval for the disposal of its China plant interests through a general meeting.
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