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彩生活(01778)及花样年控股(01777)与粤民投另类订立协议

Color Life (01778) and pattern year Holdings (01777) enter into an agreement with Yue Min Tou.

Zhitong Finance ·  Apr 10, 2022 20:10

Zhitong Financial APP, Cai Life (01778) and pattern year Holdings (01777) announced that they each entered into an agreement with Yue Min Investment alternative Private Equity Management (Zhuhai Hengqin) Co., Ltd. (Yue Min Tou alternative).

It is reported that Yue Min Investment is another kind of leading domestic enterprise specializing in equity investment, non-performing assets investment, asset management and industrial resources integration. Yue Min Investment's single largest shareholder (with a 40% stake) is Guangdong Private Investment Co., Ltd., an investment company established in 2016 under the guidance of the Guangdong provincial government. The company is rich in resources and has a professional team with rich experience in large financially distressed companies and non-performing assets restructuring.

According to the agreement between the contracting parties to the alternative agreement between in the mood for Love and the Guangdong people's Investment Corporation, the Guangdong people's Investment alternative will provide assistance to the pattern year Group in a number of ways, including but not limited to: reviewing the financial situation of the pattern year Group in order to formulate a plan to enhance the asset value of the pattern year Group and further protect the rights and interests of its stakeholders. To promote the effective implementation of the comprehensive debt restructuring plan, including positioning itself or its designated person as a possible strategic investor in the debt restructuring of the Group in the mood for Love; using its expertise in debt restructuring to facilitate communication with the creditors of the Group in the mood for Love; and to assist the Group in developing plans for the possible sale of assets of the Group in the mood for Love, including strategic planning and transaction structure.

The agreement between the parties to the agreement between Cai Life and Yue Min Investment Corporation, which will assist Cai Life Group in a number of ways, including, but not limited to, formulating plans to optimize Cai Life Group's assets and business to promote its future development; promote the effective implementation of the comprehensive optimization plan, including positioning itself or its designated person as a possible strategic investor in the optimization plan of Cai Life Group. And formulate optimization plans to promote communication and coordination between Cai Life Group and its stakeholders.

In the mood for Love and colorful Life, they consider that the conclusion of these agreements will help to realize their respective core values.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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