International Entertainment Wins Unanimous Backing for Convertible Note Deal and Whitewash Waiver
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International Entertainment Corporation (HK:1009) received unanimous shareholder approval for a convertible note deal and a whitewash waiver at its extraordinary general meeting on February 26, 2026. This approval allows the company to issue convertible notes and allot conversion shares, enhancing its funding structure. The measures aim to facilitate financing and restructuring, potentially altering the company's balance sheet and ownership dynamics. The latest analyst rating for HK:1009 is a Hold with a price target of HK$1.00.
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