Brief: Morris Home Says An Independent Third Party Intends To Subscribe For Shares In Co

Regal Partners Holdings

16/06/2021 16:33

June 16 (Reuters) - Morris Home Holdings Ltd  1575.HK :
    * AN INDEPENDENT THIRD PARTY, AS POTENTIAL INVESTOR, INTENDS
TO
SUBSCRIBE SHARES IN CO
    * SUBSCRIPTION MAY RESULT IN POTENTIAL INVESTOR HOLDING OVER
50%
STAKE IN CO
    * POTENTIAL INVESTOR INTENDS TO APPLY TO EXECUTIVE FOR
WHITEWASH
WAIVER IN RESPECT OF MANDATORY GENERAL OFFER OBLIGATION
    * POSSIBLE SUBSCRIPTION WILL NOT BE COMPLETED IF WHITEWASH
WAIVER
IS NOT GRANTED BY SFC
    * POTENTIAL INVESTOR PROVIDED SHORT-TERM WORKING CAPITAL
LOANS TO
GROUP FOR RMB 50 MILLION
    * APPLICATION MADE BY CO TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN SHARES FROM 17 JUNE

Source text for Eikon:  ID:nHKSTRQ8x 
Further company coverage:  1575.HK 

 (Reuters.Briefs@thomsonreuters.com)