General Announcement::CIRCULAR OF THE COMPANY DATED 30 DECEMBER 2022

Issuer & Securities

Issuer/ Manager
HIDILI INDUSTRY INTERNATIONAL DEVELOPMENT LIMITED
Securities
HIDILI US$400M8.625%N151104A - US42952UAA16 - 4NGB
HIDILI US$400M8.625%N151104R - USG44403AB26 - 4NHB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Jan-2023 14:57:35
Status
New
Announcement Sub Title
CIRCULAR OF THE COMPANY DATED 30 DECEMBER 2022
Announcement Reference
SG230103OTHRAMTM
Submitted By (Co./ Ind. Name)
HIDILI INDUSTRY INTERNATIONAL DEVELOPMENT LIMITED
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
CIRCULAR OF THE COMPANY REGARDING PROPOSED DEBT RESTRUCTURING INVOLVING:
(1) THE SCHEME;
(2) ISSUE OF PREFERRED SHARES TO CERTAIN PRC LENDING BANKS;
(3) SETTLEMENT AGREEMENTS WITH ONSHORE OPERATING CREDITORS;
(4) SPECIFIC MANDATE TO ISSUE NEW SHARES;
(5) SPECIFIC MANDATE TO ISSUE PREFERRED SHARES;
(6) PROPOSED AMENDMENTS TO MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION; AND
(7) NOTICE OF EGM

Attachments

EGM Circular_1230.pdf
EGM Circular_1230_chi.pdf
Total size =1065K