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112 - Lerthai News Story

HK$2.64 -0.0  -0.4%

Last Trade - 13/08/20

Sector
Financials
Size
Small Cap
Market Cap £280.2m
Enterprise Value £1.31bn
Revenue £109.5m
Position in Universe 1602nd / 5989

BRIEF-Lerthai Group Updates On A Tranche Of Notes Issued On 29 Nov 2016

Tue 21st January, 2020 2:06pm
Jan 21 (Reuters) - Lerthai Group Ltd  0112.HK :
    * LERTHAI GROUP LTD SAYS A TRANCHE OF NOTES ISSUED ON 29 NOV
2016
MATURED IN NOV, REMAINED OUTSTANDING TO DATE
    * SINCE MATURITY, CO AND NOTE HOLDERS ENGAGED IN NUMEROUS
ROUNDS
OF NEGOTIATIONS
    * AS OF TUE, CO HAS NOT REACHED A CONSENSUS AND NO FORMAL
EXTENSION AGREEMENT HAS BEEN ENTERED INTO
    * ON 19 DEC, NOTE HOLDERS SERVED STATUTORY DEMANDS
REQUESTING CO
TO REPAY DEBT
    * NOW IN COURSE OF TAKING LEGAL ADVICE ON MATTERS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS67jgf3
Further company coverage:  0112.HK 

 (Reuters.Briefs@thomsonreuters.com)
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