Brief: Times China Group Expects To Suspend Its Payment Under Its Offshore Debts

Times China Holdings

30/12/2022 13:16

Dec 30 (Reuters) - Times China Holdings Ltd  1233.HK :
    * IN VIEW OF ITS TIGHT LIQUIDITY, GROUP EXPECTS TO SUSPEND
ITS
PAYMENT UNDER ITS OFFSHORE DEBTS
    * AS AT DATE, GROUP HAS NOT RECEIVED ANY NOTICE REGARDING
ACCELERATION FROM ANY OFFSHORE CREDITOR
    * HAS ENGAGED CHINA INTERNATIONAL CAPITAL CORP LTD AS
FINANCIAL
ADVISOR AND SIDLEY AUSTIN AS LEGAL ADVISOR

Source text for Eikon:  ID:nHKS8nFTnh 
Further company coverage:  1233.HK 
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