Brief: China Huajun Says Yingkou Coastal Bank Initiated Several Legal Proceedings Against Co's Units In PRC

China Huajun

09/06/2021 15:08

China Huajun Group Ltd  0377.HK :
    * CHINA HUAJUN SAYS YINGKOU COASTAL BANK INITIATED SEVERAL
LEGAL
PROCEEDINGS AGAINST CO'S UNITS IN PRC
    * CHINA HUAJUN SAYS PROCEEDINGS IN RESPECT OF CERTAIN
BANKING
FACILITIES UTILISED BY CERTAIN UNITS OF CO
    * CHINA HUAJUN GROUP  -  ORDER WAS GRANTED BY YINGKOU COURT
TO
FREEZE AND PRESERVE LAND OWNED BY HAREON NEW MATERIALS
    * CHINA HUAJUN GROUP LTD -  CLAIMS AGAINST A EUR5.3 MILLION
LETTER
OF CREDIT & A LOAN OF RMB106 MILLION WITH HAREON NEW MATERIALS
    * CHINA HUAJUN SAYS IT WAS ALLEGED HUAJUN HYDAULIC MACHINERY
FAILED TO SETTLE BILLS PAYABLE OF RMB334 MILLION AND RELATED
INTEREST

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Further company coverage:  0377.HK