Kong Sun Holdings Limited (HK:0295) has released an update.
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Kong Sun Holdings Limited has announced the revision of terms in their Finance Lease Agreements II and III, notably adjusting the consideration for leased assets, interest rates, and lease terms. These substantial amendments, which involve the transfer of legal ownership of the leased assets to Hebei Financial Leasing, will require shareholder approval at an upcoming Extraordinary General Meeting (EGM). A detailed circular with further information is slated for distribution to shareholders by the end of October 2024.
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