Brief: China SCE Group Says Happy Scene Global Received A Notice From Security Agent

China SCE group

19/12/2023 16:53

Dec 19 (Reuters) - China SCE Group Holdings Ltd
 1966.HK :
    * ON 15 DEC HAPPY SCENE GLOBAL LIMITED RECEIVED A NOTICE
FROM
SECURITY AGENT
    * NOTICE STATING, AS AT DATE OF NOTICE CHINA SCE HAD FAILED
TO
REPAY AMOUNTS DEMANDED UNDER ACCELERATION AND DEMAND NOTICE
    * OUTSTANDING PRINCIPAL AMOUNT OF TWO TRANCHES OF LOANS MADE
UNDER
FACILITY AGREEMENT REMAINED TO BE HK$255.4 MILLION AND US$89.1
MILLION
    * CHINA SCE IS CONTINUOUSLY ASSESSING LEGAL, FINANCIAL AND
OPERATIONAL IMPACTS OF ACTIONS TAKEN OR TO BE TAKEN BY BANKS

Source text for Eikon:  ID:nHKS3V0kt3 
Further company coverage:  1966.HK 

 ((Reuters.Briefs@thomsonreuters.com;))