Brief: Titan Invo Technology Updates On Secured Loan Of HK$230 Million
April 13 (Reuters) - Titan Invo Technology Ltd
0872.HK :
* REFERS TO FACILITY AGREEMENT IN RESPECT OF A SECURED LOAN
OF
HK$230 MILLION
* HAS NOT BEEN ABLE TO REACH ANY AGREEMENT YET ON POTENTIAL
REPAYMENT
* ON 6 APRIL, GOT NOTICE RECEIVERS WERE APPOINTED BY LENDER
AS
JOINT, SEVERAL RECEIVERS & MANAGERS OVER CERTAIN SECURED ASSETS
* WILL CONTINUE TO MAINTAIN DIALOGUE WITH LENDER WITH
REGARDS TO
REPAYMENT PLANS
Further company coverage: 0872.HK
((Reuters.Briefs@thomsonreuters.com;))
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