IBO TECH potential investors revise key restructuring terms, continue suspension of trading

AASTOCKS
2025.08.05 00:50

IBO TECH (02708.HK) stated that the liquidator received revised key restructuring terms from potential investor B on July 30, 2025, and August 4, 2025, making minor amendments to the key restructuring terms and removing the prerequisite for the election of new joint and individual liquidators, Su Jieyi and Liang Yanheng from Ernst & Young Corporate Finance, at the creditors' meeting scheduled for August 5.

The company's shares have been suspended from trading on the Hong Kong Stock Exchange since April 29, 2024, and will remain suspended until further notice