Brief: Global Bio-Chem Technology Says Commencement Of Suppliers Debt Restructuring Arrangement

Global Bio-chem Technology Co

09/06/2025 16:03

June 9 (Reuters) - Global Bio-chem Technology 0809.HK:

COMMENCEMENT OF SUPPLIERS DEBT RESTRUCTURING ARRANGEMENT

TO UTILISE SUPPLIERS DEBT AMOUNT OF RMB461.1 MILLION IN AGGREGATE TO SUBSCRIBE NEW REGISTERED CAPITAL OF CENTURY DACHENG

RESTRUCTURING INVOLVES CONVERTING INTEREST IN SUPPLIERS DEBT TO STAKE IN CHANGCHUN CENTURY DACHENG TRADING CO LTD

RESTRUCTURING INVOLVES SWAPPING STAKES IN CENTURY DACHENG HELD BY SUPPLIERS PRC LLPS, WITH SHARES OF COMPANY TO BE ISSUED

AFTER EQUITY SWAP, CENTURY DACHENG WILL ONCE AGAIN BECOME INDIRECT WHOLLY-OWNED SUBSIDIARY OF CO

Further company coverage: 0809.HK

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