Brief: Shimao Group To Issue New Shares To Settle Debts
May 15 (Reuters) - Shimao Group Holdings Ltd 0813.HK: TO ISSUE 71.5 MILLION NEW SHARES AT HK$6.00 PER SHARE TO SETTLE DEBTS TO ISSUE 35.9 MILLION SHARES TO SETTLE RMB190 MILLION DEBT TO FIRST AND SECOND CREDITORS TO ISSUE 35.7 MILLION SHARES TO SETTLE RMB189 MILLION DEBT TO THIRD CREDITOR Further company coverage: 0813.HK ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Shimao group
See all newsBrief: Shimao Group Enters Deal For Sale Of Hotels, Others
Brief: Shimao Group Says $5.0 Billion Mandatory Convertible Bonds Fully Converted; Outstanding Principal Zero
Brief: Shimao Group Provides Further Information On Winding-Up Petition
China's Shimao Group H1 revenue falls 26% on lower property sales
Brief: Shimao Group Says Guotong Trust Files Winding-Up Petition Against Co For RMB2.50 Billion Judgment Debts