Brief: Tai United Announces Letter Of Demand
20/03/2024 10:35
March 20 (Reuters) - Tai United Holdings Ltd 0718.HK :
* ON 18 MARCH, MRB RESIDENTIAL PARTNERS LLP, CO AND UNITS
RECEIVED
LETTER OF DEMAND
* UNDER LETTER, UNIT FAILED TO SATISFY CERTAIN UNDERTAKINGS
AND
EVENT OF DEFAULT OCCURRED UNDER FACILITY AGREEMENT
* AGENT CLAIMS IMMEDIATE REPAYMENT OF SUMS OUTSTANDING UNDER
AGREEMENT OF GBP19.05 MILLION AS AT 15 MARCH 2024
Further company coverage: 0718.HK
((Reuters.Briefs@thomsonreuters.com;))
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