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Community group to gain control of nursing home for Korean seniors - Vimarsana News

Community group to gain control of nursing home for Korean seniors

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Galit Rodan/The Globe and Mail The long-running saga over the fate of the only nursing home in Canada exclusively dedicated to serving the Korean community is poised for a happy ending. A Korean community group has agreed to purchase the Rose of Sharon Korean Long Term Care home in Toronto from a for-profit, chain operator. The ...

Nabis Holdings Inc. Provides Important Update on Implementation of Proposal - Vimarsana News

Nabis Holdings Inc. Provides Important Update on Implementation of Proposal

Nabis Holdings Inc. Provides Important Update on Implementation of Proposal IMPORTANT INSTRUCTIONS TO RECEIVE SECURITIES UNDER THE PROPOSAL VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) (" Nabis" or the " n y") is providing an important update to the Company's previously announced proposal (as amended from time to time, the " Proposal") under the Bankruptcy and Insolvency Act (Canada), pursuant to which the Company will implement a recapitalization of the Company's outstanding CDN$35 million principal amount of 8.0% u...

Investegate |Nabis Holdings Inc. Announcements | Nabis Holdings Inc.: Nabis Holdings Inc. Provides Important Update on Implementation of Proposal - Vimarsana News

Investegate |Nabis Holdings Inc. Announcements | Nabis Holdings Inc.: Nabis Holdings Inc. Provides Important Update on Implementation of Proposal

n y”) is providing an important update to the Company’s previously announced proposal (as amended from time to time, the “ Proposal”) under the Bankruptcy and Insolvency Act (Canada), pursuant to which the Company will implement a recapitalization of the Company’s outstanding CDN$35 million principal amount of 8.0% unsecured convertible debentures (the “ Debentures”) and all other debts of the Company (the “ Recapitalization”). Further to the Company’s news release dated January 4, 2021, the Company intends on implementing the Proposal on or prior to January 29, 2021 (the...

Nabis Holdings Inc. Receives Court Approval of Proposal - Vimarsana News

Nabis Holdings Inc. Receives Court Approval of Proposal

n y”) provides an update with respect to the hearing to approve the Company’s previously announced proposal (as amended from time to time, the “ Proposal”) under the Bankruptcy and Insolvency Act (Canada) (the “ BIA”). On December 21, 2020, the Ontario Superior Court of Justice (Commercial List) granted an order (the “ Approval Order”) approving the Proposal in accordance with its terms and the BIA. Pursuant to the Proposal, the Company will implement a recapitalization of the Company’s outstanding CDN$35 million principal amount of 8.0% unsecured convertible debentures and...

Nabis Holdings Inc. Receives Court Approval of Proposal - Press Release - Vimarsana News

Nabis Holdings Inc. Receives Court Approval of Proposal - Press Release

n y”) provides an update with respect to the hearing to approve the Company’s previously announced proposal (as amended from time to time, the “ Proposal”) under the Bankruptcy and Insolvency Act (Canada) (the “ BIA”). On December 21, 2020, the Ontario Superior Court of Justice (Commercial List) granted an order (the “ Approval Order”) approving the Proposal in accordance with its terms and the BIA. Pursuant to the Proposal, the Company will implement a recapitalization of the Company’s outstanding CDN$35 million principal amount of 8.0% unsecured convertible debentures and...