Dynagreen Proposes Guarantees, Mid-Term Notes, and Director Election at Next Shareholders Meeting

MT Newswires Live

04/21

Waste-to-energy firm Dynagreen Environmental Protection Group (HKG:1330) will hold its first Extraordinary General Meeting (EGM) on May 9, to seek shareholder approval for three key resolutions.

The three resolutions are providing guarantees to subsidiaries totaling 2.68 billion yuan, issuing mid-term notes worth 1 billion yuan to optimize debt, and electing Cheng Suning as an executive director.

The guarantees aim to support subsidiaries' financing needs, while the mid-term notes will help reduce borrowing costs.

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