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China Resources Land: $1.05 billion subordinated perpetual capital securities redeemed
Golden Ten data December 9th news, China Resources Land announced that the company has completed the redemption of all un-redeemed $3.9 billion under the $10.5 billion subordinated perpetual capital securities plan that has been produced under the medium-term note program on December 9, 2024. There are no more produced securities after the final redemption date. Therefore, the company will apply to the Hong Kong Stock Exchange for the revocation of the listing status of the securities. The revocation of the listing status of the securities is expected to take effect at the end of business hours on December 17, 2024.