Brief: Cathay Bank To Seek Appointment Of Receiver Over Maximum Entertainment's U.S. Unit

Maximum Entertainment AB

20/04/2026 13:50

April 20 (Reuters) - Maximum Entertainment AB MAXENTb.ST:

CATHAY BANK NOTIFIES INTENTION TO SEEK APPOINTMENT OF RECEIVER OVER U.S. SUBSIDIARY

OTHER SUBSIDIARIES HELD DIRECTLY BY CO ARE NOT AFFECTED

LETTER FROM BANK REITERATES THAT BORROWER IS IN DEFAULT UNDER LOAN AGREEMENTS WITH BANK

ENGAGED WITH CATHAY BANK, NO AGREEMENT REACHED

Source text: ID:nMFN4nr85g

Further company coverage: [MAXENTb.ST]

 (Gdansk Newsroom)

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