HOCHDORF Holding AG ( (CH:HOCN) ) has issued an announcement.
HOCHDORF Holding AG’s Board of Directors has endorsed shareholder motions proposed by Detweiler and Greber, who hold a significant stake in the company, for the upcoming General Meeting. The company is undergoing a debt restructuring moratorium and plans to issue a debt call, urging creditors to register their claims. The shareholder group aims to restructure the company and merge it with another financially successful entity, which is seen as beneficial for both shareholders and bondholders.
More about HOCHDORF Holding AG
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €2.75M
Learn more about HOCN stock on TipRanks’ Stock Analysis page.