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P11 Pacific Andes Resources Development News Story

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Brief: Pacific Andes Resources Development says co received a letter from Hongkong And Shanghai Banking Corp

Jan 10 (Reuters) - Pacific Andes Resources Development Ltd  PACF.SI : 
 * Received a letter from hongkong and Shanghai banking corp, as trustee of the S$200 million 8.5% bonds due 2017 
 * Received a letter alleging that co is in breach of certain obligations under the terms and conditions of the bonds 
 * Board is currently seeking legal advice in relation to the letter 
 * Trading in the shares of the company will remain suspended until further notice 
 
 * Source text for Eikon  ID:nSNZ2rlpMQ  
 
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