C01355-2022 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 7,526,294,461 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Converge Information and Communications Technology Solutions, Inc. ("Converge") participates in the South-East Asia Hainan-Hongkong Express Cable System |
Background/Description of the Disclosure |
Converge is a party to a Construction and Maintenance Agreement (the "C&MA"), effective 04 March 2022, for the South-East Asia Hainan-Hongkong Express Cable System (Project SEA-H2X), which defines the terms and conditions upon which Project SEA-H2X will be provided, constructed, operated, maintained, and implemented for the entire duration of the C&MA . The parties to the C&MA are: Converge, CMCC Infrastructure 3 Limited (“CMI”), PP Telecommunication Sdn. Bhd. (“PPTEL”), and China United Network Communications Group Company Limited (“CU”), (Converge, CMI, PPTEL, and CU are collectively referred to as the "Parties"). |
Other Relevant Information |
The coming into force of the C&MA is still subject to certain conditions precedents which include securing certain regulatory consents and approvals. This disclosure will be updated in due course. |
Name | Laurice Tuason |
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Designation | Corporate Compliance Officer |