Brief: China Sinostar Receives Statutory Demand From Legal Adviser Acting For Holder Of Bond
21/03/2024 14:07
March 21 (Reuters) - China Sinostar Group Company Ltd
0485.HK :
* ON 1 MAR RECEIVED STATUTORY DEMAND FROM LEGAL ADVISER
ACTING FOR
HOLDER OF BOND
* HOLDER OF BOND IN PRINCIPAL AMOUNT OF HK$2.5 MILLION
ISSUED BY
CO
* MANAGEMENT ENTERED DISCUSSIONS WITH TWO HOLDERS OF BONDS
ON
PAYMENTS AND MADE SOME REPAYMENTS
* IN COURSE OF SEEKING LEGAL ADVICE
* STATUTORY DEMANDS DEMANDING CO TO PAY AMOUNTS OF HK$2.2
MILLION
AND HK$4.1 MILLION
Further company coverage: 0485.HK
((Reuters.Briefs@thomsonreuters.com;))
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