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IN BRIEF: Cathay Shareholders Request Meeting To Propose London Delist

29th Sep 2020 21:13

Cathay International Holdings Ltd - China-focused healthcare investor - Receives notice from shareholders Circle Finance Ltd and Mega Worldwide Services Ltd requisitioning general meeting to propose cancellation of shares on London Main Market, and approve the adoption of amended bye-laws of company. Circle Finance provides letter of undertaking setting out commitment to fund payment for exit opportunity for all shareholders who wish to sell their shares at a maximum price of 1.7 pence per share.

Current stock price: 1.7 pence

Year-to-date change: down 8.1%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.

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