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    432 — Pacific Century Premium Developments News Story

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    Brief: Pacific Century Premium Developments Says Notified By Asian Motion Regarding Convertible Notes

    Picture of Pacific Century Premium Developments logoPacific Century Premium Developments
    06/08/2020 15:22
    Aug 6 (Reuters) - Pacific Century Premium Developments Ltd
 0432.HK :
    * PACIFIC CENTURY PREMIUM DEVELOPMENTS- NOTIFIED BY ASIAN
MOTION
IT INTENDS TO EXERCISE CONVERSION RIGHTS TO ALL OF CONVERTIBLE
NOTES HELD BY IT
    * PACIFIC CENTURY PREMIUM DEVELOPMENTS-UPON COMPLETION OF
CONVERSION AND PCCW DISTRIBUTION, SEES  ASIAN MOTION'S STAKE IN
CO WILL BE REDUCED TO 51%
    * PACIFIC CENTURY PREMIUM DEVELOPMENTS-UNDER CONVERSION,
TOTAL
NUMBER OF 1.19 BILLION CONVERSION SHARES WILL BE ISSUED TO PCCW
SHAREHOLDERS AND ASIAN MOTION

Source text for Eikon:  ID:nHKSbFnGmf 
Further company coverage:  0432.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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