Brief: Solis Says Informed By Chairman & Executive Director About A Deed Of Partial Settlement With Lender

Solis Holdings

10/08/2020 16:13

Aug 10 (Reuters) - Solis Holdings Ltd  2227.HK :
    * SOLIS- INFORMED BY CHAIRMAN & EXECUTIVE DIRECTOR THAT ON 7
AUGUST HE & HMK INVESTMENT ENTERED A DEED OF PARTIAL SETTLEMENT
WITH LENDER
    * SOLIS- BOARD CONSIDERED THAT AT PRESENT, SOLVENCY OF GROUP
AS
GROUP IS NOT A PARTY TO DISPUTE OR SETTLEMENT
    * SOLIS HOLDINGS-  PURSUANT TO SETTLEMENT DEED, HMK
INVESTMENT
SHALL PAY, AMONG OTHERS, AN AMOUNT BY INSTALMENTS TO LENDER
    * SOLIS- LENDER FURTHER ACKNOWLEDGES IT SHALL THEN HAVE NO
FURTHER
CLAIM AGAINST HMK INVESTMENT ARISING FROM DEED OF MORTGAGE OR
SETTLEMENT DEED

Source text for Eikon:  ID:nHKS1NyMKs 
Further company coverage:  2227.HK 

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