China Ruifeng Faces Delays in Share and Bond Plans

China Ruifeng Renewable Energy Holdings Ltd. (HK:0527) has released an update.

China Ruifeng Renewable Energy Holdings Ltd. faces further delays in its plans to issue new shares and convertible bonds, as well as acquire a 50% equity interest in a target company, due to pending approvals and incomplete audits. The company has extended the deadline for dispatching necessary circulars to January 2025 while awaiting consents from regulatory bodies. These developments highlight the complexities and challenges involved in executing significant financial transactions within the renewable energy sector.

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