Brief: Chiho Environmental Got Notification That Administrators Have Submitted Restructuring Plan
23/11/2022 12:20
Nov 23 (Reuters) - Chiho Environmental Group Ltd
0976.HK :
* GOT NOTIFICATION THAT ADMINISTRATORS HAVE SUBMITTED
RESTRUCTURING PLAN TO COURT FOR APPROVAL ON 18 NOV
* CHONGQING INTERMEDIATE COURT MADE RULING THAT
RESTRUCTURING PLAN
WAS APPROVED AND PROCEDURE OF RESTRUCTURING WAS TERMINATED
* BOARD IS OF VIEW THAT RESTRUCTURING HAS NO MATERIAL
ADVERSE
IMPACT ON OPERATION AND FINANCIAL STATUS OF CO
* AS AT NOV 23, OPERATION & MANAGEMENT OF CO ARE STABLE AND
NORMAL
Source text for Eikon: ID:nHKS1Qkvkz
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((Reuters.Briefs@thomsonreuters.com;))
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