Brief: Dongyue Says Bankruptcy Restructuring Against Substantial Shareholder Of Company

Dongyue

15/08/2022 02:38

Aug 15 (Reuters) - Dongyue  0189.HK :
    * BANKRUPTCY RESTRUCTURING AGAINST A SUBSTANTIAL SHAREHOLDER
OF
COMPANY
    * INTERMEDIATE PEOPLE'S COURT OF BEIJING MUNICIPALITY
ACCEPTED
BANKRUPTCY RESTRUCTURING PETITION MADE AGAINST MACROLINK  BY
HUNAN FUXING
    * PETITION MADE ON GROUND THAT MACROLINK UNABLE TO REPAY ITS
OVERDUE DEBTS
    * COURT ACCEPTED BANKRUPTCY RESTRUCTURING PETITION MADE
AGAINST
MLH FOR AGGREGATE AMOUNT OF RMB30 MILLION PLUS ACCRUED INTEREST
    * RESTRUCTURING PROCEEDINGS MAY INVOLVE A POTENTIAL CHANGE
IN
SHAREHOLDING OF CO

Source text for Eikon:  ID:nHKS7v5VWQ 
Further company coverage:  0189.HK 

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