Brief: BGMC International Updates On Discussion With Lender For Waiver Of Technical Breach Of Loan Covenant
28/02/2020 14:41
Feb 28 (Reuters) - BGMC International Ltd 1693.HK :
* UPDATES ON DISCUSSION WITH LENDER FOR A WAIVER OF
TECHNICAL
BREACH OF LOAN COVENANT
* LENDER INFORMED COMPANY THAT HAVING CONSIDERED MATTER,
COMPANY
HAS NOT BREACHED LOAN COVENANT
* CONFIRMATION FROM LENDER REMOVES DOUBT CAST ON GROUP'S
ABILITY
TO CONTINUE AS GOING CONCERN
Source text for Eikon: ID:nHKS3whz4s
Further company coverage: 1693.HK
((Reuters.Briefs@thomsonreuters.com;))
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