Brief: Moody Technology Formulates A Restructuring Transaction Involving Issue Of Shares
11/11/2020 11:26
Nov 11 (Reuters) - Moody Technology Holdings Ltd 1400.HK :
* FORMULATED A RESTRUCTURING TRANSACTION INVOLVING ISSUE OF
SHARES
* TOTAL VALUE OF SHARES TO BE ISSUED EQUALS TO OUTSTANDING
PRINCIPAL AMOUNT OF DEBTS DUE TO EACH OF CO'S CREDITORS
* ISSUE PRICE TO BE LOWER OF HK$0.195 OR AVERAGE CLOSING
PRICE
QUOTED ON STOCK EXCHANGE FOR LAST 5 TRADING DAYS
Source text for Eikon: ID:nHKSbjvGz8
Further company coverage: 1400.HK
((Reuters.Briefs@thomsonreuters.com;))
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