Tempus Holdings Moves Toward Restructuring
Company Announcements

Tempus Holdings Moves Toward Restructuring

Tempus Holdings Limited (HK:6880) has released an update.

Tempus Holdings Limited, currently in liquidation, has entered an exclusivity agreement with a potential investor for a proposed restructuring plan that includes a capital reorganization, new share subscription, and a creditors’ scheme of arrangement. The company is also dealing with the aftermath of a court case where their claim was rejected due to insufficient evidence, as well as the finalization of its 2022 annual results expected by mid-September 2024. Amidst these developments, trading of the company’s shares remains suspended on The Stock Exchange of Hong Kong Limited.

For further insights into HK:6880 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App