Brief: Broncus Holding Completes Transfer Procedure And Received Entire Balance Out Of SVB

Broncus Holding

21/03/2023 15:03

March 21 (Reuters) - Broncus Holding Corp  2216.HK :
    * COMPLETED TRANSFER PROCEDURE AND RECEIVED ENTIRE BALANCE
OUT OF
SVB
    * COMPANY IS OF VIEW THAT SVB INCIDENT NOTED WOULD NOT HAVE
ANY
ADVERSE IMPACT TO GROUP
    * WILL CONTINUE TO DIVERSIFY ITS CASH AND ASSETS ALLOCATION
TO
MINIMIZE RISK
    * BUSINESS OPERATIONS AND FINANCIAL POSITION REMAIN NORMAL

Source text for Eikon:  ID:nHKS4DtgwK 
Further company coverage:  2216.HK 

 ((Reuters.Briefs@thomsonreuters.com;))