Brief: China International Holdings responds to Singapore Exchange query
07/04/2016 10:12
April 7 (Reuters) - China International Holdings Ltd CHNA.SI : * Says board is of the opinion that the company will be able to operate as a going concern * Expecting a repayment of approximately RMB33.1 million by a local government agency * Group is able to continue in the current operational existence to generate sufficient cash flows * Also in process of negotiating with certain financial institutions to obtain new borrowing facilities of RMB200 million * Currently still has an undrawn borrowing facility of RMB169.8 million * Source text for Eikon ID:nSNZ679vTJ ((For more news, please click here CHNA.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))
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