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An update from K.B. Recycling Industries Ltd ( (TSE:OSIX) ) is now available.
Oceansix Future Paths Ltd. has announced the approval of its debt settlement by the Tel Aviv District Court under the Israeli Insolvency and Financial Rehabilitation Law. The settlement involves repaying the company’s debts to creditors, excluding its major shareholders, whose debts have been converted into equity. All company shares have been canceled, and Oceansix is expected to be delisted from several stock exchanges.
More about K.B. Recycling Industries Ltd
Average Trading Volume: 16,783
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$881.3K
See more data about OSIX stock on TipRanks’ Stock Analysis page.
