Brief: Shanghai Dasheng Agriculture Finance Tech Says Co To Repay Jiujiang Bank RMB413.1 Mln By 22 Oct

Shanghai Dasheng Agriculture Finance Technology Co

18/10/2019 15:50

Oct 18 (Reuters) - Shanghai Dasheng Agriculture Finance
Technology Co Ltd  1103.HK :
    * CO TO REPAY JIUJIANG BANK RMB413.1 MILLION WITH LEGAL FEES
&
ANCILLARY FEES IN ONE LUMP SUM BY 22 OCT
    * CO TO PAY JIUJIANG BANK ALL RELATED INTERESTS OF LOAN
ACCRUED
BETWEEN 25 SEPT & ACTUAL REPAYMENT DATE
    * DIRECTORS ARE OF VIEW THAT GROUP MAY NOT BE ABLE TO SETTLE
REPAYMENT BY 22 OCT
    * IF REPAYMENT NOT SETTLED, JIUJIANG BANK CAN GET CLAIMS
FROM CO'S
INTEREST IN NANTONG ROAD AND BRIDGE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2Ny8NC
Further company coverage:  1103.HK 

 ((Reuters.Briefs@thomsonreuters.com;))