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Compuage Infocom LimitedImportant, 03-12-2024: Updates

03-12-2024 | 07:09 pm

Compuage Infocom Ltd. has shared an update regarding the extension of timelines related to the Expression of Interest for the submission of Resolution Plans. The new deadline for receiving Expressions of Interest is now 13 December 2024, extended by ten days. Subsequent milestones have also been adjusted: the provisional list of prospective resolution applicants will be issued on 23 December 2024, objections to this list can be submitted until 28 December 2024, and the final list will be published by 7 January 2025. Additionally, the information memorandum is set to be released by 12 January 2025, with the final date for submission of resolution plans now 11 February 2025. The extension provides potential resolution applicants more time to prepare their submissions, reflecting a structured approach toward resolving the company's financial matters. Investors should watch closely as these developments unfold.

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