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1998 - Flyke International Holdings News Story

HK$0.38 0.0  0.0%

Last Trade - 28/03/14

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 6100

BRIEF-Flyke International entered into non-legally binding investment framework agreement

Tue 18th October, 2016 3:09pm
Oct 18 (Reuters) - Flyke International Holdings Ltd 
 1998.HK  
    * Co, Southern Global Holdings And Everlink Development Ltd 
entered into a non-legally binding investment framework 
agreement 
    * Agreement in relation to proposed restructuring of 
business and finances of group 
    * "Investor a and company agree to terminate exclusivity 
agreement" 
    * Trading in shares will continue to be suspend 
    * Subsequent to entering into of exclusivity agreement, 
investor a wishes to undertake proposed restructuring with 
investor B 
    * Restructuring will have  scheme of arrangement to be 
entered into between co & its creditors to discharge & 
compromise all its liabilities 
    * Proposed restructuring may also include acquisition of 
certain assets by company 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7SH1fR 
Further company coverage:  1998.HK  
 
 ((bangalore.newsroom@thomsonreuters.com ;))
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