Aug 19 (Reuters) - Ozner Water International :

* RESTRUCTURING AGREEMENT IN RELATION TO RESTRUCTURING OF GROUP, INVOLVING CAPITAL REORGANISATION, AMONG OTHERS

* UNDER CAPITAL REORGANISATION PAR VALUE OF EACH SHARE SHALL BE REDUCED FROM HK$0.01 TO HK$0.0004

* LIQUIDATORS AND ISPRING INTERNATIONAL ENTERED RESTRUCTURING AGREEMENT

* ON COMPLETION OF CAPITAL REORGANISATION, ORDINARY SHARE CAPITAL OF CO SHALL BE HK$40 MILLION DIVIDED INTO 4 BILLION NEW SHARES

* EVERY 25 REDUCED SHARES WITH PAR VALUE HK$0.0004 EACH SHALL BE CONSOLIDATED INTO ONE SHARE WITH PAR VALUE HK$0.01 EACH

* UNDER RESTRUCTURING, CO SHALL ISSUE AND ALLOT FOR 554.4 MILLION SUBSCRIPTION SHARES AT PRICE OF HK$60 MILLION

* FOR WATER PURIFICATION BUSINESS, INVESTOR UNDERTAKES TO PROVIDE WORKING CAPITAL LOAN OF UP TO HK$20 MILLION TO BORROWER

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))