China Stock Intelligence Solutions
[Date:01-04-2010]
Ruyan Group (HKG:0329) said that a new potential investor has submitted a proposal to the holders with a view to settling the convertible notes and the exchangeable bonds. So far as the company was aware of, the holders have not yet responded to such proposal and no detailed terms of the settlement have been finalized so far.
Up to last Thursday, Ruyan was still unable to meet the full payment of the first scheduled redemption. In addition, the company is unable to meet the payment of second scheduled redemption which was due on 31 December 2009, as a result of the poor financial performance of the group.
It seems there stock is at 19 cents a share..........
(HKG:0329) Ruyan Group (Holdings) Limited | Chinese Stock Information
[Date:01-04-2010]
Ruyan Group (HKG:0329) said that a new potential investor has submitted a proposal to the holders with a view to settling the convertible notes and the exchangeable bonds. So far as the company was aware of, the holders have not yet responded to such proposal and no detailed terms of the settlement have been finalized so far.
Up to last Thursday, Ruyan was still unable to meet the full payment of the first scheduled redemption. In addition, the company is unable to meet the payment of second scheduled redemption which was due on 31 December 2009, as a result of the poor financial performance of the group.
It seems there stock is at 19 cents a share..........
(HKG:0329) Ruyan Group (Holdings) Limited | Chinese Stock Information
