Brief: Hang Tai Yue Issues Updates Regarding Loan And Litigation
16/12/2021 14:43
Dec 16 (Reuters) - Hang Tai Yue Group Holdings Ltd
8081.HK :
* REFERS TO ANNOUNCEMENTS DATED 27 SEPT, 3 NOV AND 13 DEC
REGARDING LOAN AND LITIGATION
* RECEIVED A LETTER THAT LENDER HAS EXERCISED ITS RIGHTS TO
EXECUTE INSTRUMENT OF TRANSFER TO TRANSFER MORTGAGED SHARES TO
LENDER
* TRANSFER OF MORTGAGED SHARES RESULTED IN FORCED SALE OF
MORTGAGED SHARES, CHARGED AND ASSIGNED TO LENDER
Further company coverage: 8081.HK
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