Brief: Titan Invo Tech Has Been Unable To Get Necessary Consents Or Waivers For Proposed Variation To Terms And Conditions Of Convertible Bonds
08/02/2022 13:03
Feb 8 (Reuters) - Titan Invo Technology Ltd 0872.HK :
* HAS BEEN UNABLE TO GET NECESSARY CONSENTS OR WAIVERS FOR
PROPOSED VARIATION TO TERMS AND CONDITIONS OF CONVERTIBLE BONDS
* AS RIGHTS ISSUE WILL NOT PROCEED, BOARD WILL EXPLORE OTHER
FUND
RAISING ALTERNATIVES
* HAS BEEN UNABLE TO OBTAIN NECESSARY CONSENTS OR WAIVERS
FOR
PROPOSED VARIATION TO TERMS & CONDITIONS OF PROPOSED RIGHTS
ISSUE
* DECIDED NOT TO PROCEED TO POSTPONE TIMETABLE FOR PROPOSED
VARIATION AND RIGHTS ISSUE
Further company coverage: 0872.HK
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