Brief: SinoCloud Group entered into memorandum of understanding for repayment of convertible loan

SinoCloud

14/06/2016 19:37

June 15 (Reuters) - SinoCloud Group Ltd  SINL.SI : 
 
 * On 14 June co entered into binding memorandum of understanding with LU for 
the repayment of the convertible loan 
 * Agreed to waive HK$42.1 million of the outstanding convertible loan as the 
company deems the convertible loan as an investment loss 
 * Source text for Eikon  urn:newsml:reuters.com:*:nSNZ4x9dDh 
 
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