Brief: China Commercial Notifies Sorghum Investment On Breach Of Covenants

BAIYU Holdings

27/12/2017 21:35

Dec 27 (Reuters) - China Commercial Credit Inc  CCCR.O : 
    * CHINA COMMERCIAL CREDIT SAYS ON DEC 21 DELIVERED A NOTICE 
TO 
SORGHUM INVESTMENT HOLDINGS - SEC FILING 
    * CHINA COMMERCIAL CREDIT-NOTICE NOTIFIES SORGHUM CERTAIN 
RECENT 
ACTIONS OF IT CONSTITUTE BREACH OF ITS COVENANTS UNDER AUG 9 
SHARE EXCHANGE AGREEMENT 
    * CHINA COMMERCIAL CREDIT-AS PER AGREEMENT TERMS, CO 
ENTITLED TO 
TERMINATE AGREEMENT IF BREACH NOT CURED WITHIN 20 DAYS AFTER 
NOTICE PROVIDED TO SORGHUM 
 
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