Brief: PCF Group Unit Game On Creative To Initiate Restructuring Proceedings
BRIEF-PCF Group Unit Game On Creative To Initiate Restructuring Proceedings June 1 (Reuters) - PCF Group SA PCF1.WA:
REPORTED ON FRIDAY THAT ITS UNIT GAME ON CREATIVE INC. DECIDED TO START RESTRUCTURING PROCEEDINGS UNDER CANADA’S BANKRUPTCY AND INSOLVENCY ACT
UNIT TO FILE NOTICE OF INTENTION TO MAKE A PROPOSAL TO CREDITORS
FAILURE TO MEET DEADLINE, REJECTIONS OF THE ARRANGEMENT PROPOSAL BY CREDITORS OR COURT'S REFUSAL TO APPROVE WOULD RESULT IN UNIT ENTERING BANKRUPTCY BY LAW
Source text for Workspace: nEM5yG1Gca
Further company coverage: PCF1.WA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on PCF SA
See all newsBrief: PCF Group Unit Sets 'Trine 6: Together In Time' Release Date For September 17
Brief: PCF Group Unit Game On Creative To Initiate Restructuring Proceedings
Brief: PCF Group Q1 Net Loss At 23.1 Million Zlotys
Brief: PCF Group Prelim. Q1 EBITDA 8.4 Mln Zlotys
Brief: PCF Group To Offer 3.5 Million Series I Shares At 4.00 Zlotys Per Share