Heritage Education Group (08195) announced that the company will hold a special shareholders' meeting to approve the subscription agreement and proposed transactions under it (including issuing convertible bonds and exchangeable shares). Exchange shares will be allotted and issued in accordance with special authorization, subject to shareholders' approval at a special shareholders' meeting.
Therefore, each subscription agreement must be completed (including) after the shareholders pass the necessary resolution at the special shareholders' meeting to approve the subscription agreement and the transactions to be carried out under it (including granting special authorizations to allocate and issue shares in exchange).
The company has applied to the Stock Exchange to resume share trading from 1:00 p.m. on April 25, 2024.