Brief: Peking University Resources (Holdings) Company Updates On Pre-Litigation Property Attachment

Peking University Resources (Holdings)

21/02/2020 12:34

Feb 21 (Reuters) - Peking University Resources (Holdings)
Company Ltd  0618.HK :
    * PEKING UNIVERSITY RESOURCES (HOLDINGS) COMPANY LTD UPDATES
ON 
PRE-LITIGATION PROPERTY ATTACHMENT
    * INFORMED THAT MINMETALS INTERNATIONAL TRUST DID NOT
INITIATE
FURTHER LEGAL PROCEEDINGS
    * A CIVIL ORDER WHICH RELEASED PRE-LITIGATION ATTACHMENT OF
RELEVANT UNITS HAS BEEN RECEIVED
    * RECENTLY INFORMED THAT A UNIT HAS RECEIVED RELEVANT
PROCEEDINGS
    * RELEVANT PROCEEDINGS REQUIRE REPAYMENT OF PRINCIPAL,
INTEREST,
DEFAULT PENALTY OF LOAN, AMOUNTING RMB1.1 BILLION
    * GOT A CIVIL ORDER ON UNIT'S REPAYMENT, RULING THAT CASE
WILL BE
DEEMED AS APPLICANT WITHDREW APPLICATION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4BJkn
Further company coverage:  0618.HK 

 (Reuters.Briefs@thomsonreuters.com)