Dongyue pulls out of convertible and secondary selldown

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Dongyue pulls out of convertible and secondary selldown

Dongyue Group and its major shareholder, Macro-Link International Investment, cancelled a dual tranche capital-raising at the end of last week, after planning a HK$943.2m ($121.5m) secondary share sale and a synthetic Rmb821m ($130.16m) convertible bond.

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