KASEN's subsidiary plans to issue a total of USD 70 million in corporate bonds
KASEN International announced that its non-wholly-owned subsidiary Koh Kong Zhejiang SEZ Co., Ltd. plans to issue corporate bonds totaling USD 70 million, with a term of two years. The proposal has been approved by the board of directors, and the proceeds will be used for the construction of infrastructure and a biomass power plant
According to the Zhitong Finance APP, KASEN International (00496) announced that on August 25, 2025, the company's board of directors approved a proposal for the non-wholly-owned subsidiary Koh Kong Zhejiang SEZ Co., Ltd., registered in Cambodia, to issue a series of corporate bonds totaling USD 70 million, with a term of two years. The proceeds will be used to fund (including) the construction of infrastructure and a biomass power plant for Koh Kong Zhejiang SEZ Co., Ltd
