September 26, 2017 / 2:49 PM / a month ago

BRIEF-SMI Holdings updates on restructuring framework agreement

Sept 26 (Reuters) - Smi Holdings Group Ltd

* Inside information the restructuring framework agreement

* Restructuring framework agreement is for company and success electronics to proceed with disposal in next step

* Company and success electronics entered into restructuring framework agreement

* Company and success electronics reached consensus on restructuring plan and follow-up arrangements in relation to disposal on a preliminary basis

* After preliminary negotiations, parties agree success electronics shall acquire all or part of equity of Chengdu Runyun Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below