Brief: Hang Tai Yue Says Unit Entered Agreement On Sept 4 To Borrow Hk$30 Million From Individual
27/09/2021 16:14
Sept 27 (Reuters) - Hang Tai Yue Group Holdings Ltd
8081.HK :
* UNIT ENTERED AGREEMENT ON SEPT 4 TO BORROW HK$30 MILLION
FROM
INDIVIDUAL
* GOT LETTERS FROM LEGAL REPRESENTATIVES OF LENDER ON SEPT
27 THAT
LENDER HAS INITIATED LEGAL PROCEEDINGS AGAINST UNIT
* LEGAL PROCEEDINGS OWING TO UNIT'S FAILURE TO REPAY LOAN
AND
INTEREST ACCRUED THEREON
* SEEKING LEGAL ADVICE ON THE MATTER
Source text for Eikon: ID:nHKS5CVDTB
Further company coverage: 8081.HK
((reuters.briefs@thomsonreuters.com;))
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