
Jintai Energy Revises Convertible Note Terms and Seeks Shareholder Mandate

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Jintai Energy Holdings Limited has revised the terms of its convertible notes, changing the conversion price to HK$0.03 per share and extending the maturity date to July 17, 2027, with a possible extension to July 17, 2028. The company will seek shareholder approval at an extraordinary general meeting, while substantial shareholders will abstain from voting. The amended terms include interest payable at maturity and rights for the new subscriber to convert into shares. Jintai will also apply for approval from the Hong Kong Stock Exchange.
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