Differ Group Auto Limited (HK:6878) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Differ Group Auto Limited has announced a revision to its proposed Scheme of Arrangement, which includes issuing bonds to settle outstanding debts and implementing share charges over its companies as security. The bonds will be divided into three tranches with staggered maturity dates over five years. This move aims to restructure the company’s financial obligations and provide stability for its creditors.
For further insights into HK:6878 stock, check out TipRanks’ Stock Analysis page.