Brief: China Resources and Transportation updates on debt restructuring plans

China Resources and Transportation

22/02/2017 11:08

Feb 22 (Reuters) - China Resources And Transportation Group 
Ltd  0269.HK  
    * Is discussing with its legal adviser and financial adviser 
and considering debt restructuring plans 
    * Bank has agreed not to apply to court for a winding up 
petition of co on or before expiration of extended period 
    * Co received letter from bank, informing co that bank will 
extend grace period to 16 march 2017, to negotiate repayment 
proposal 
    * Refers to announcements in relation to statutory demand 
received by company 
 
Source text for Eikon:  ID:nHKS75NvQT  
Further company coverage:  0269.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))