Brief: Harper Hygienics plans to raise capital through issue of shares

Harper Hygienics SA

15/11/2016 13:31

Nov 15 (Reuters) - Harper Hygienics SA  HRPP.WA : 
    * Its management board resolves to start works on capital increase via issue of shares 
through closed subscription 
    * Company's management's decision is due to current co's financial results affected by 
slower than expected commercialization of Arvell non-woven fabric 
    * Planned capital increase via shares issue is one of elements of commenced review of 
financing options that includes also financing through debt 
    * As part of this review, the company started discussions with the lending bank to fit the 
schedule of repayments of credit to the market situation and the resulting liquidity 
requirements 
    * The company to continue the process of searching for a strategic investor  urn:newsml:reuters.com:*:nL8N1BX197 
 
Source text for Eikon:  ID:nEM1569819  
Further company coverage:  HRPP.WA  
 
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