Brief: Ko Yo Chemical Group Updates On Alleged Breach Of Loan Agreements

Ko Yo Chemical (Group)

31/10/2018 01:18

Oct 31 (Reuters) - Ko Yo Chemical Group Ltd  0827.HK :
    * BANK OF DALIAN INSTITUTED LEGAL ACTION AGAINST GROUP
REGARDING 
ALLEGED BREACH OF LOAN AGREEMENTS
    * COMPANY IS DISCUSSING WITH BANK OF DALIAN TO ASCERTAIN
ALLEGED
BREACH
    * EXPECTS ACTION & INTERIM MEASURES BY BANK OF DALIAN WILL
NOT
HAVE MATERIAL EFFECT ON GROUP'S FINANCIAL AND OPERATION
CONDITIONS

Source text for Eikon:  ID:nHKS5LrTVL 
Further company coverage:  0827.HK 

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