Brief: HC International Says To Cancel Convertible Bonds In Exchange For Shares

HC

05/01/2018 15:04

Jan 5 (Reuters) - HC International Inc  2280.HK : 
    * PROPOSES TO CANCEL CONVERTIBLE BONDS IN EXCHANGE FOR 
SHARES TO 
BE ALLOTTED AND PUT IN CUSTODIAN ACCOUNTS 
    * CO ENTERS SUBSCRIPTION AGREEMENTS WITH BONDHOLDERS TO 
ALLOT NEW 
SHARES TO EACH OF BONDHOLDERS IN CONSIDERATION OF CONVERTIBLE 
BONDS 
    * TOTAL NUMBER OF EXCHANGE SHARES UNDER SUBSCRIPTIONS IS 36 
MILLION SHARES HAVING AGGREGATE NOMINAL VALUE OF HK$3.6 MILLION 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4YtBxn 
Further company coverage:  2280.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))