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Revisions

Healthway Medical shareholders vote in favour of both resolutions

PC Lee Published on Fri, Apr 21, 2017 / 11:00 PM GMT+8

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SINGAPORE (April 21): Shareholders of Healthway Medical Corporation showed strong support for the two resolutions tabled at the Extraordinary General Meeting today.

In the first resolution, nearly 1.3 billion votes or 95.20% of total votes supported the proposed issuance of $60 million in convertible notes to GW Active, a wholly-owned subsidiary of Gateway Fund I L.P., a fund managed by Gateway Partners.

(See also: It's D-Day for Healthway Medical. Here's a recap)

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