Brief: China Putian Food And Potential New Investor Entered Non-Binding Cooperation Deal In Feb

China Putian Food Holding

28/04/2023 16:13

April 28 (Reuters) - China Putian Food Holding Ltd
 1699.HK :
    * POTENTIAL NEW INVESTOR HAS ENTERED INTO A NON-BINDING
COOPERATION AGREEMENT WITH CO IN FEBRUARY 2023
    * COMPANY, POTENTIAL NEW INVESTOR AND CREDITOR HAVE BEEN
ACTIVELY
ENGAGING IN DISCUSSION
    * DISCUSSION TO NEGOTIATE FOR A POSSIBLE FINANCING AND DEBT
RESTRUCTURING PLAN FOR GROUP
    * DUE DILIGENCE EXERCISE OF GROUP BY POTENTIAL NEW INVESTOR
CLOSE
TO COMPLETION
    * TRADING IN COMPANY SHARES ON STOCK EXCHANGE CONTINUE TO
REMAIN
SUSPENDED

Source text for Eikon:  ID:nHKS1wg75v 
Further company coverage:  1699.HK 

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