Brief: China Ecotourism Says Creditor Demanded Immediate Repayment Of Outstanding Amounts Under Facility
21/12/2023 16:57
Dec 21 (Reuters) - China Ecotourism Group Ltd 1371.HK :
* REFERS TO ANNOUNCEMENTS OF CO IN RESPECT OF BREACH OF LOAN
AGREEMENTS
* UP TO DATE OF THIS ANNOUNCEMENT, CREDITOR AND HOLDER OF
BONDS
HAVE NOT GRANTED ANY WAIVER IN RESPECT OF DEFAULTS
* CREDITOR AND HOLDER OF BONDS HAVE DEMANDED IMMEDIATE
REPAYMENT
OF OUTSTANDING AMOUNTS UNDER FACILITY AND BONDS
* MANAGEMENT OF GROUP IS IN COURSE OF SEEKING FOR A POSSIBLE
SOLUTION TO ISSUES RESULTING FROM DEFAULTS
Source text for Eikon: ID:nHKS7w00sS
Further company coverage: 1371.HK
((Reuters.Briefs@thomsonreuters.com;))
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