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China Fortune (0290) agrees to issue $32m convertible bonds to PME (0379) | PME announcement
Company announcement, 6-May-2009
The conversion price is a 44.8% discount to market. Although PME already has a 22.32% interest in China Fortune shares, 15.21% of this is another convertible bond, so under the Listing Rules PME has only 7.11%, which is less than 10%, so this is not a connected transaction.
Organisations
- China Ever Grand Financial Leasing Group Co., Ltd. 中國恒嘉融資租賃集團有限公司
- GoFintech Innovation Limited 國富創新有限公司
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