Summary by Moomoo AI
WANKO ENTERPRISES CO., LTD. (HEREINAFTER REFERRED TO AS “VANCO ENTERPRISES”) ISSUED A NOTICE ON 17 APRIL 2024 ANNOUNCING THAT IT WILL EXERCISE THE OPTION OF THE ISSUER OF THE “21 MILLION CO 03” CORPORATE BONDS. The bond was issued on May 20, 2021 for a period of 5 years, but the company decided to cancel it early at the end of the 3rd year. The registration date is scheduled for May 17, 2024, and the funds will be returned on May 20, 2024. The same day the bonds will cease trading and be listed on the Shenzhen Stock Exchange. The repurchase price is RMB 103.40/piece, and the total amount of refunds is 10,000,000 pieces, which is equivalent to RMB 10 billion. Vancco reminds investors to be aware of investment risks and points out that scrapping bonds may result in losses for investors.