Brief: Keyne Ltd Updates On Appointment Of Receivers For Keyne Holdings

Keyne

01/04/2021 14:57

April 1 (Reuters) - Keyne Ltd  0009.HK :
    * KEYNE UPDATES ON POSSIBLE OFFER IN LIGHT OF APPOINTMENT OF
RECEIVERS FOR KEYNE HOLDINGS, CONTROLLING SHAREHOLDER OF CO
    * INFORMED BY KEYNE HOLDINGS THAT ITS SHAREHOLDER HAS
REACHED
CONSENSUS ON DEBT RESTRUCTURING PROPOSAL WITH LENDER
    * LENDER HAS AGREED TO TERMINATE APPOINTMENT OF RECEIVERS
FOR
KEYNE HOLDINGS FROM 29 MARCH
    * FOR PURPOSE OF TAKEOVERS CODE, OFFER PERIOD IN RESPECT OF
APPOINTMENT OF RECEIVERS IS CLOSED AS AT DATE

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 (Reuters.Briefs@thomsonreuters.com)