Brief: Global Bio-Chem Technology Updates On Breach Of Loan Agreements

Global Bio-chem Technology Co

22/02/2022 11:05

Feb 22 (Reuters) - Global Bio-chem Technology Group Co Ltd
 0809.HK :
    * UPDATE ON BREACH OF LOAN AGREEMENTS
    * COURT HAS GRANTED FURTHER ORDERS FOR PRESERVATION OF BANK
BALANCE OF CERTAIN MEMBERS OF GBT GROUP AND GSH GROUP
    * PRESERVATION ORDER IN AGGREGATE AMOUNT OF RMB90.1 MILLION
    * GBT GROUP AND GSH GROUP ARE IN COURSE OF SEEKING LEGAL
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