Brief: Capital World Says Separately Received Notice From GVF's Legal Advisors Claiming To Recover Amount Due Under Corporate Guarantee
02/03/2020 15:41
March 2 (Reuters) - Capital World Ltd CAPI.SI :
* CO SEPARATELY RECEIVED NOTICE FROM LEGAL ADVISORS FOR GVF
CLAIMING TO RECOVER AMOUNT DUE UNDER CORPORATE GUARANTEE
* UPDATES ON LOAN AGREEMENT OF HK$50 MILLION BETWEEN UNIT &
GREAT
VIEW FINANCE LIMITED
* UNIT GOT NOTICE FROM LEGAL ADVISORS OF GVF CLAIMING
AGGREGATE OF
PRINCIPAL OF HK$50 MILLION & OUTSTANDING INTEREST PAYABLE
* WILL DISCUSS WITH GVF'S LEGAL ADVISORS AND ENGAGE WITH GVF
ON
ITS POSITION WITH RESPECT TO LOAN AGREEMENT AND NOTICE
Source text for Eikon: ID:nSNZ2TgN0Y
Further company coverage: CAPI.SI
((Reuters.Briefs@thomsonreuters.com;))
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