Brief: China Ruifeng Renewable Energy Entered Into Deed Of Settlement With Well Foundation

China Ruifeng Renewable Energy Holdings

30/06/2022 16:10

June 30 (Reuters) - China Ruifeng Renewable Energy Holdings
Ltd  0527.HK :
    * ENTERED INTO DEED OF SETTLEMENT WITH WELL FOUNDATION, ONE
OF
HOLDERS OF 2019 CONVERTIBLE BONDS
    * TO REDEEM ENTIRE SETTLEMENT SUM BY CASH IN SUM OF HK$10
MILLION
AND BY ISSUE OF 70 MILLION SHARES AT HK$0.255 PER SHARE

Further company coverage:  0527.HK 

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