Brief: Qingdao Holdings International Announces Breach Of Contract By Huizhou Jiuyu
Dec 30 (Reuters) - Qingdao Holdings International Ltd
0499.HK :
* CO WAS INFORMED THAT HUIZHOU JIUYU HAD FAILED TO REPAY
ABOUT
RMB126.1 MILLION OF PRINCIPAL OF LOAN
* FAILING TO REPAY LOAN CONSTITUTES A BREACH OF CONTRACT
* CURRENTLY SEEKING LEGAL ADVICE IN RESPECT OF BREACH
* LOAN RELATES TO ENTRUSTED LOAN ARRANGEMENT ENTERED ON 7
MAY 2020
Source text for Eikon: ID:nHKS3zqYFD
Further company coverage: 0499.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Qingdao Holdings International
See all newsBrief: Qingdao Holdings International Announces Resignation Of Chen Bo As CEO
Brief: Qingdao Holdings International Says FY Loss Attributable From Cont Operations Rmb43.6 Million
Brief: Qingdao Holdings International Expects Loss Of RMB51.2 Million For Year
Brief: Qingdao Holdings International Appoints Chen Bo As CEO
Brief: Qingdao Holdings International Announces Disposal Of 95% Equity Interest In Subsidiary