Brief: Titan Invo Technology Updates On Event Of Default On Loan

Titan Invo Technology

02/08/2022 13:11

Aug 2 (Reuters) - Titan Invo Technology Ltd  0872.HK :
    * CERTAIN EVENTS OR CIRCUMSTANCES MAY TRIGGER AN EVENT OF
DEFAULT
IN RESPECT OF A SECURED LOAN OF HK$230 MILLION
    * CO HAS BEEN IN ONGOING DISCUSSIONS WITH LENDER IN RESPECT
OF A
WAIVER ON EVENT OF DEFAULT
    * EVENT OF DEFAULT UNDER FACILITY AGREEMENT HAS OCCURRED ON
1
AUGUST

Further company coverage:  0872.HK 

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