Brief: Alpha Professional Received Demand Letter Issued By Legal Advisers To Sun Hung Kai Structured Finance

Alpha Professional Holdings

20/05/2020 16:08

May 20 (Reuters) - Alpha Professional Holdings Ltd
 0948.HK :
    * ALPHA PROFESSIONAL- INFORMED BY CONTROLLING SHAREHOLDER
THAT IT
RECEIVED DEMAND LETTER ISSUED BY LEGAL ADVISERS TO SUN HUNG KAI
STRUCTURED FINANCE
    * ALPHA PROFESSIONAL- GOT DEMAND LETTER ON LOAN AGREEMENT
DATED 21
DEC 2017
    * ALPHA PROFESSIONAL - LENDER DEMANDS CONTROLLING
SHAREHOLDER TO,
WITHIN 5 DAYS FROM 19 MAY, MAKE REPAYMENT OF HK$241.3 MILLION
UNDER LOAN AGREEMENT
    * ALPHA PROFESSIONAL-LENDER DEMANDS CONTROLLING SHAREHOLDER
TO PAY
DAILY DEFAULT INTEREST ACCRUED ON OUTSTANDING PRINCIPAL & UNPAID
INTEREST ACCRUED

Further company coverage:  0948.HK 

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