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GL allots $50m CDs to JTrust Asia
Business, Published on 21/03/2017
ยป SET-listed Group Lease Plc (GL) has allotted US$50 million of convertible debentures (CDs) to Singapore-based JTrust Asia Pte Ltd, a move that allows the financial instrument holder to double shareholding in the Thai leasing firm to 10% if the CDs are converted entirely.
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