Brief: China Bozza Development Says Will Implement Proposed Restructuring

China Health Technology Holding

30/12/2022 15:12

Dec 30 (Reuters) - China Bozza Development Holdings Ltd
 1069.HK :
    * WILL IMPLEMENT PROPOSED RESTRUCTURING WHICH INVOLVES
RESTRUCTURING OF DEBTS, LIABILITIES, CAPITAL STRUCTURE & SHARE
CAPITAL OF CO
    * PROPOSES TO IMPLEMENT SHARE CONSOLIDATION
    * CONSOLIDATION INVOLVING CONSOLIDATION OF EVERY 100 ISSUED
SHARES
OF HK$0.002 EACH INTO ONE CONSOLIDATED SHARE OF HK$0.20 EACH
    * CO TO ALLOT AND ISSUE 466 MILLION  NEW SHARES AT ISSUE
PRICE OF
APPROXIMATELY HK$0.1288 PER NEW SHARE
    * TRADING IN SHARES OF CO WILL REMAIN SUSPENDED PENDING
FULFILMENT
OF RESUMPTION GUIDANCE

Source text for Eikon:  ID:nHKSbm4sJ 
Further company coverage:  1069.HK 
 ((Reuters.Briefs@thomsonreuters.com;))