Brief: Bojun Education Says Co Fallen Into Arrears For Repayments Under Loan Agreements
Today 11:21
BRIEF-Bojun Education Says Co Fallen Into Arrears For Repayments Under Loan Agreements Oct 22 (Reuters) - Bojun Education Co Ltd 1758.HK:
FALLEN INTO ARREARS IN RESPECT OF REPAYMENTS UNDER LOAN AGREEMENTS ENTERED INTO BY MEMBERS OF GROUP
IS NOT PRACTICABLE TO ASSESS POTENTIAL IMPACT ON GROUP AT MOMENT
CONSIDERING ASSET DISPOSAL TO SETTLE OUTSTANDING PAYMENTS
INTENDS TO ENGAGE WITH RELEVANT FINANCIAL INSTITUTIONS WITH VIEW TO REACHING DEBT RESTRUCTURING ARRANGEMENT
NO DEFINITIVE AGREEMENT ENTERED FOR DEBT RESTRUCTURING OR ASSET DISPOSAL
AS AT DATE OF ANNOUNCEMENT, AGGREGATE AMOUNT OVERDUE, UNPAID UNDER LOAN AGREEMENTS RMB382.6 MILLION
Further company coverage: 1758.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Bojun Education
See all newsBrief: Bojun Education Says Co Fallen Into Arrears For Repayments Under Loan Agreements
Brief: Bojun Education Posts FY Net Income RMB 129.6 Million
Brief: Bojun Education Says Unit To Subscribe For Shares In Offering Of Yibin City Commercial Bank
Brief: Bojun Education Posts FY Revenue RMB429.8 Million
Brief: Bojun Education Sees Net Loss Of RMB36.7 Mln To RMB44.8 Mln For Year