Brief: China New Town Development Updates On Guarantee On Loan By Unit
17/07/2024 16:33
July 17 (Reuters) - China New Town Development Co Ltd
1278.HK :
* RECENTLY RECEIVED 2 LETTERS BOTH ISSUED BY AGRICULTURAL
BANK OF
CHINA ADDRESSED TO UNIT
* LETTERS WERE ISSUED IN RELATION TO GUARANTEE DATED 21 JAN
2021
FOR LOAN FACILITY UP TO RMB500 MILLION
* BANK INFORMED UNIT TO MAKE FULL REPAYMENT OF GUARANTEED
SUM OF
OVERDUE PRINCIPAL OF RMB232.61 MILLION
Further company coverage: 1278.HK
((Reuters.Briefs@thomsonreuters.com;))
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