NutryFarm signs deal to convert S$34.27m debt into shares with Corpbond IV Ltd

Reuters

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NutryFarm signs deal to convert S$34.27m debt into shares with Corpbond IV Ltd

NutryFarm International Limited said it has entered into a share conversion agreement with Corpbond IV Ltd to capitalise S$34.27 million of debt by issuing new shares in two tranches, subject to shareholder approval at an extraordinary general meeting and regulatory clearances. Tranche 1 involves issuing up to 1,236,798,927 shares at S$0.022 each, which would raise Corpbond IV’s stake to about 90% and make it the controlling shareholder, while Tranche 2 would convert the remaining S$6.90 million at a price set at up to a 10% discount to market. The company said trading in its shares has been voluntarily suspended since 11 April 2022.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NutryFarm International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: Y36N3NJ5E32HV83D) on March 03, 2026, and is solely responsible for the information contained therein.

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ID: Y36N3NJ5E32HV83D) on March 03, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AZT.SI","symbol_name":"营养屋国际","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260303:nNDL5Zwx60:1","article_id":"2616906345","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616906345","pubTimestamp":1772532700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"NutryFarm International Limited said it has entered into a share conversion agreement with Corpbond IV Ltd to capitalise S$34.27 million of debt by issuing new shares in two tranches, subject to shareholder approval at an extraordinary general meeting and regulatory clearances. 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Tranche 1 involves issuing up to 1,236,798,927 shares at S$0.022 each, which would raise Corpbond IV’s stake to about 90% and make it the controlling shareholder, while Tranche 2 would convert the remaining S$6.90 million at a price set at up to a 10% discount to market. The company said trading in its shares has been voluntarily suspended since 11 April 2022.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NutryFarm International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. 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