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    6819   KYG480041089

INTELLICENTRICS GLOBAL HOLDINGS LTD.

(6819)
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IntelliCentrics Global : VOLUNTARY ANNOUNCEMENT - PARTIAL REDEMPTION OF PROMISSORY NOTES

04/20/2021 | 09:46am EST

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

IntelliCentrics Global Holdings Ltd.

中 智 全 球 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 6819)

VOLUNTARY ANNOUNCEMENT

PARTIAL REDEMPTION OF PROMISSORY NOTES

This is a voluntary announcement made by IntelliCentrics Global Holdings Ltd. (the ''Company'') to provide an update to the shareholders of the Company and potential investors on the latest status of the Company's investments in certain Promissory Notes as previously disclosed in the Company's announcement dated May 19, 2020.

The Company exercised its right to redeem in part the Promissory Notes in the principal amount of US$8,000,000 on April 8, 2021 and US$2,842,000 on April 15, 2021 respectively (the ''Redemptions''). On April 12, 2021 and April 19, 2021, the Company received the principal and the accrued interest related to such Redemptions. After the Redemptions, the principal amount of the Promissory Notes outstanding is US$32,600,000.

By order of the Board

IntelliCentrics Global Holdings Ltd.

LIN Tzung-Liang

Chairman and executive director

Hong Kong, April 20, 2021

As at the date of this announcement, the executive directors of the Company are Mr. LIN Tzung-Liang and Mr. Michael James SHEEHAN; the non-executive directors of the Company are Mr. LIN Kuo-Chang and Mr. Leo HERMACINSKI; and the independent non-executive directors of the Company are Mr. HSIEH Yu Tien, Ms. HUANG Yi-Fen and Mr. WONG Man Chung Francis.

Disclaimer

IntelliCentrics Global Holdings Ltd. published this content on 20 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 13:45:09 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 37,7 M - -
Net income 2021 -2,88 M - -
Net cash 2021 5,22 M - -
P/E ratio 2021 -180x
Yield 2021 -
Capitalization 424 M 424 M -
EV / Sales 2020 7,02x
EV / Sales 2021 13,6x
Nbr of Employees 141
Free-Float 27,9%
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Managers and Directors
Michael James Sheehan Chief Executive Officer & Executive Director
Alpha Chen Chief Financial Officer
Tsung Liang Lin Chairman
Yu Tien Hsieh Independent Non-Executive Director
Man Chung Wong Independent Non-Executive Director
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