Brief: Renco Holdings Says Second HK Demand Letter Was Received By Co In Relation To Loan
08/07/2022 16:16
July 8 (Reuters) - Renco Holdings Group Ltd 2323.HK :
* SECOND HK DEMAND LETTER DATED 6 JULY WAS RECEIVED BY CO IN
RELATION TO LOAN
* DIRECTORS OF VIEW THAT GROUP WILL NOT BE ABLE TO REPAY
ENTIRETY
OF RMB170 MILLION BY 20 JULY
* WILL CONTINUE TO NEGOTIATE WITH LENDER ON POSSIBILITY OF
EXTENDING REPAYMENT DATE AND OTHER POSSIBLE OPTIONS
* WILL ASSESS IMPACT IN CONNECTION WITH HK DEMAND LETTER,
PRC
DEMAND LETTER, SECOND HK DEMAND LETTER AND SECOND PRC DEMAND
LETTER
Source text for Eikon: ID:nHKS6T6K6n
Further company coverage: 2323.HK
((Reuters.Briefs@thomsonreuters.com;))
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