KASEN (00496) Subsidiary Plans to Issue $70 Million Corporate Bonds
Stock News
Aug 25
KASEN (00496) announced that on August 25, 2025, the company's board of directors approved a proposal for its non-wholly owned subsidiary registered in Cambodia, Koh Kong Zhejiang SEZ Co., Ltd., to issue a series of corporate bonds totaling $70 million with a two-year term. The proceeds will be used to finance the construction of infrastructure and biomass power plant for Koh Kong Zhejiang SEZ Co., Ltd.
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