Brief: Tai United Says Guangzhou Rongzhi Recently Received A Letter From Claimant Bank
22/04/2024 11:31
April 22 (Reuters) - Tai United Holdings Ltd 0718.HK :
* REFERS TO ANNOUNCEMENT DATED 13 FEB IN RELATION TO INSIDE
INFORMATION
* GUANGZHOU RONGZHI RECENTLY RECEIVED A LETTER FROM CLAIMANT
BANK
REGARDING GUANGZHOU BANK LOAN
* ACCORDING TO LETTER, GUANGZHOU RONGZHI IS REQUIRED TO
REPAY
AGGREGATE OF RMB1.7 BILLION WITHIN FIVE DAYS OF LETTER
* CLAIMANT BANK CLAIMED TO TAKE ACTIONS TO ENFORCE RIGHTS
UNDER
GUANGZHOU BANK LOAN IF PAYMENT NOT MADE WITHIN STIPULATED
TIMELINE
Further company coverage: 0718.HK
((Reuters.Briefs@thomsonreuters.com;))
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