Brief: Glory Sun Land Says Unit Received Early Repayment Notice From Creditor Bank In PRC
06/03/2023 13:27
March 6 (Reuters) - Glory Sun Land Group Ltd 0299.HK :
* UNIT RECEIVED EARLY REPAYMENT NOTICE FROM CREDITOR BANK IN
PRC
* EARLY REPAYMENT NOTICE IN RELATION TO LOAN FACILITY WITH
OUTSTANDING PRINCIPAL AMOUNT OF RMB227.4 MILLION
* HUNAN MEILIAN CURRENTLY IN NEGOTIATION WITH CREDITOR
EXPLORING
DIFFERENT PROPOSALS OF REPAYMENT
* IN REPAYMENT NOTICE, WAS ALLEGED THAT UNIT DEFAULTED ON
OBLIGATIONS DUE TO FAILURE TO MAKE TIMELY REPAYMENT UNDER
FACILITY
Further company coverage: 0299.HK
Recent news on Glory Sun Land
See all newsBrief: Glory Sun Land Negotiating Alternative Settlement Or Repayment Extension For RMB56 Million Debt
Brief: Glory Sun Land Group Sees H1 Net Loss HKD 245 Million
Brief: Glory Sun Land Posts FY Revenue HKD385.8 Million
Brief: Glory Sun Land Group Posts HY Loss Attributable Hk$1.21 Billion
Brief: Glory Sun Land Group Posts H1 Revenue HKD 455 Million