IDT International Limited ( (HK:0167) ) has provided an update.
IDT International Limited announced a delay in the completion of its subscription of new shares under a specific mandate, originally scheduled for February 27, 2025, now postponed to no later than March 14, 2025. This delay is due to additional time required by a creditor to finalize a deed of settlement related to the company’s debt restructuring. The completion of the subscription and the debt restructuring remains uncertain as they are contingent upon the satisfaction of certain conditions precedent, urging shareholders and potential investors to exercise caution.
More about IDT International Limited
IDT International Limited is incorporated in Bermuda and operates with limited liability. The company is listed on the Hong Kong Stock Exchange under the stock code 167.
YTD Price Performance: -34.52%
Average Trading Volume: 62,213
Current Market Cap: HK$47.67M
For detailed information about 0167 stock, go to TipRanks’ Stock Analysis page.