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607 — Fullshare Holdings News Story

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IndustrialsHighly SpeculativeMicro CapValue Trap

HK's Fullshare jumps as trading resumes, says repaid debt

** Shares of property developer and healthcare services
provider Fullshare Holdings Ltd  0607.HK  jump as much as 30.6
pct to HK$2.22 in resumed trade
    ** The stock later trims gain to HK$2.14, still up 25.9 pct,
and is heading for the biggest intraday pct gain since Jan 2014
    ** Company and its units confirm that all of indebtedness
that was due has been fully repaid, clarifying media reports of
default on repayment debt  urn:newsml:reuters.com:*:nFWN1YX07Q
    ** Company says its business operation remains normal 
    ** The shares fell 17.9 pct prior to a trading halt on
Thursday
    ** As of last close, the stock had fallen 52.8 pct so far
this year
    ** Fullshare has underperformed the Hang Seng Commerce &
Industry Index sector  .HSNC  by 37.9 percentage points in the
past one month

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)

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