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712 — Comtec Solar Systems News Story

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Brief: Comtec Solar Systems Continues Debt Restructuring Negotiations With Major Creditors

BRIEF-Comtec Solar Systems Continues Debt Restructuring Negotiations With Major Creditors

- Comtec Solar Systems Group Ltd 0712.HK:

  • CONTINUES DEBT RESTRUCTURING NEGOTIATIONS WITH MAJOR CREDITORS INCLUDING PANDANA

  • REACHES AGREEMENT IN PRINCIPLE ON DEBT CAPITALISATION AND ROLLOVERS

  • BOARD PREPARING POTENTIAL SHARE CONSOLIDATION TO FACILITATE DEBT CAPITALISATION

  • PREPARING POTENTIAL DISPOSAL OF NANTONG FACTORY SITE

Further company coverage: 0712.HK


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

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