Hatcher Group Ltd announces delay in capital reduction and share subdivision process

Reuters10-09
Hatcher Group Ltd announces delay in capital reduction and share subdivision process

Hatcher Group Ltd. has provided an update regarding its proposed capital reduction of issued shares and the sub-division of unissued shares. According to the latest announcement, the company's legal advisers are currently applying to the court for a hearing in respect of the capital reduction petition. The update follows the company's earlier circular related to these transactions. Further announcements will be made to inform shareholders of developments as they arise.

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