Brief: Kitchen Culture says issuance of convertible notes to a potential investor

SDAI

14/09/2016 11:30

Sept 14 (Reuters) - Kitchen Culture Holdings Ltd  KCHL.SI : 
 * Potential transaction)  KCHL.SI  
 * Company is in the midst of considering a potential transaction 
 * Transaction which involves the issuance of convertible notes to a potential investor to raise funds 
 * Currently, no legally binding terms have been reached between the parties at this preliminary stage 
 * Deal for for up to an aggregate sum of US$20 million 
 * Company is still negotiating with the counterparty on the terms of the potential transaction and the definitive agreements 
 * Source text for Eikon  ID:nSNZ2qcX4r  
 
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