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NutryFarm International Enters Restructuring Agreement with Major Creditor

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NutryFarm International Enters Restructuring Agreement with Major Creditor

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The latest update is out from NutryFarm International ( (SG:AZT) ).

NutryFarm International Limited has entered into an implementation agreement with Corpbond IV Ltd to restructure its obligations concerning the Conversion Debt. This agreement outlines the issuance of Conversion Shares to the Major Creditor, the transfer of shares in distressed companies, and the assignment of the Right to Sue, marking significant steps in the company’s restructuring process.

More about NutryFarm International

NutryFarm International Limited, incorporated in Bermuda, operates within the nutritional products industry. The company, along with its subsidiaries, focuses on providing health and wellness solutions, although it is currently under judicial management.

YTD Price Performance: 6.25%

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$11.68M

For detailed information about AZT stock, go to TipRanks’ Stock Analysis page.

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