Brief: Doyen International Holdings Updates On Loan Repayment

Doyen International Holdings

31/10/2018 12:46

Oct 31 (Reuters) - Doyen International Holdings Ltd
 0668.HK :
    * TO REPAY OUTSTANDING LOAN UNIT OF BORROWER TO TRANSFER
STAKE IN
DOYEN SHELL TO CO
    * RECIEVED NOTICE THAT BORROWER IS IN TALKS WITH
SHAREHOLDERS OF
DOYEN SHELL & NEEDS TIME FOR APPROVAL FOR PROPOSED TRANSFER
    * CHONGQING DOYEN HOLDINGS GROUP HAD BORROWED RMB467 MILLION
FROM
CO
    * EXPECTS INFO ABOUT DOYEN SHELL TO BE OBTAINED BEFORE DEC &
CONCERN OF ABILITY TO RECOVER LOAN TO BE ADDRESSED BEFORE FY
RESULTS

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