Brief: Crown International Updates On Defaulted Settlement Of Certain Outstanding Debts
18/08/2021 11:08
Aug 18 (Reuters) - Crown International Corp Ltd 0727.HK :
* GROUP HAS DEFAULTED IN SETTLEMENT OF CERTAIN OUTSTANDING
DEBTS
AND LIABILITIES OF GROUP DUE TO CREDITORS
* HAS BEEN APPROACHING COMMERCIAL BANKS AND INSTITUTION/FUND
INVESTORS FOR DEBT FINANCING
* UP TO DATE, NO COMMERCIAL BANKS AND INSTITUTION/FUND
INVESTORS
AGREED TO GRANT LOANS TO GROUP
* CURRENTLY INTALKS WITH CREDITORS WITH VIEW TO REACH A
SETTLEMENT
Source text for Eikon: ID:nHKS7GW6mJ
Further company coverage: 0727.HK
((Reuters.Briefs@thomsonreuters.com;))
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