Brief: North Mining Shares Updates On Restructuring Plan For Co
17/01/2020 13:29
Jan 17 (Reuters) - North Mining Shares Co Ltd 0433.HK :
* NORTH MINING SHARES- CO AND LIQUIDATORS ARE IN PROCESS OF
DISCUSSING & FINALISING STRUCTURE AND TERMS OF RESTRUCTURING
PLAN FOR CO
* NORTH MINING SHARES- EACH CREDITOR OF CO WILL CONVERT ITS
OUTSTANDING PRINCIPAL AND INTEREST AMOUNTS INTO SHARES OF CO AS
PART OF PRELIM PLAN
* NORTH MINING SHARES CO- POTENTIAL SUBSCRIBERS AND CO
REQUIRE
FURTHER TIME TO NEGOTIATE STRUCTURE AND TERMS OF POSSIBLE
SUBSCRIPTION
* NORTH MINING SHARES CO LTD - NO CONCRETE TERMS OF POSSIBLE
SUBSCRIPTION HAS BEEN FINALISED
Source text for Eikon: ID:nHKS2SwXvL
Further company coverage: 0433.HK
((Reuters.Briefs@thomsonreuters.com;))
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