Brief: IRC Intends To Reduce Credit Standing To Share Capital Account Of Co

IRC

16/02/2022 15:16

Feb 16 (Reuters) - IRC Ltd  1029.HK :
    * INTENDS TO PUT FORWARD FOR APPROVAL BY SHAREHOLDERS
PROPOSAL TO
REDUCE CREDIT STANDING TO SHARE CAPITAL ACCOUNT OF CO
    * PROPOSAL TO REDUCE CREDIT BY AN AMOUNT OF US$1.10 BILLION
    * RELEVANT EXPENSES TO BE INCURRED BY CO FOR PROPOSED
CAPITAL
REDUCTION ARE NOT EXPECTED TO BE SIGNIFICANT

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