Brief: Da Sen Holdings Updates On Discovery Of Unrecorded Pledge Of Assets

Da Sen Holdings

10/12/2021 14:29

Dec 10 (Reuters) - Da Sen Holdings Group Ltd  1580.HK :
    * UPDATES ON DISCOVERY OF UNRECORDED PLEDGE OF ASSETS
    * FROM PRELIMINARY FINDINGS OF AUDIT COMMITTEE, INCIDENT AN
ATTEMPT BY MANAGEMENT OF A UNIT OF CO TO GET FINANCING
    * UNIT ATTEMPTED FINANCING INDIRECTLY FROM A PRC FINANCIAL
ONSTITUTION IN ORDER TO RENEW A DEFAULTED BANK LOAN OF SAME
FINANCIAL INSTITUTION
    * BASED ON PRELIMINARY FINDINGS, NO FINANCIAL LOSS OR
DAMAGES WERE
SUFFERED BY GROUP
    * AS OF DATE ENTIRE LOAN FACILITY OF RMB9.5 MILLION  HAS
BEEN ON
LENT TO GROUP
    * DEFAULTED BANK LOAN HAS BEEN RENEWED

Source text for Eikon:  ID:nHKSb73wwh 
Further company coverage:  1580.HK 

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