BRIEF-Kaisa Group To Amend Issue Price Of Shares To Be Issued As Interest Payment Shares

Reuters01-23
BRIEF-Kaisa Group To Amend Issue Price Of Shares To Be Issued As Interest Payment Shares

Jan 23 (Reuters) - Kaisa Group Holdings Ltd 1638.HK:

  • DECIDED TO AMEND ISSUE PRICE OF THE SHARES TO BE ISSUED AS INTEREST PAYMENT SHARES FROM HK$0.5 PER SHARE TO HK$0.3 PER SHARE

  • IS WORKING ON GENERATING SUFFICIENT CASH FLOW TO MEET ITS FINANCIAL COMMITMENT

  • FURTHER EXTENDED EXPIRATION DEADLINE TO 4:00 P.M. LONDON TIME ON FEBRUARY 6, 2026

  • APPLICATIONS WILL BE MADE FOR LISTING OF INTEREST PAYMENT SHARES

Further company coverage: 1638.HK

((Reuters.Briefs@thomsonreuters.com;))

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