Brief: Global Sweeteners Updates On Loan Agreement Defaults

Global Bio-chem Technology Co

05/08/2022 14:20

Aug 5 (Reuters) - GLOBAL Sweeteners Holdings Ltd  3889.HK :
    * SHANGHAI HAOCHENG HAS DEFAULTED IN REPAYMENT OF MINHANG
SHANGYIN
LOAN UNDER LOAN AGREEMENT
    * OUTSTANDING PRINCIPAL AMOUNT UNDER MINHANG SHANGYIN  LOAN
AGREEMENT IS RMB10.0 MILLION
    * DIHAO FOODSTUFF HAS DEFAULTED IN THE REPAYMENT OF THE 
JIYIN
RURAL LOAN
    * JIYIN RURAL LOAN HAS ONE-YEAR TERM AND PRINCIPAL AMOUNT OF
RMB4.9 MILLION
    * JINYIN RURAL BANK VERBALLY AGREED TO EXTEND THE DUE DATE
OF THE
JINYIN RURAL LOAN
    * MINHANG SHANGYIN BANK VERBALLY AGREED TO EXTEND THE DUE
DATE OF
THE MINHANG SHANGYIN LOAN

Source text for Eikon:  ID:nHKS1X19tm 
Further company coverage:  3889.HK 

 ((Reuters.Briefs@thomsonreuters.com;))