Brief: Synergy Group Holdings International Says A Bank Creditor Has Demanded Loan Repayment

Unity group International

21/06/2021 15:56

June 21 (Reuters) - Synergy Group Holdings International Ltd
 1539.HK :
    * MAY FURTHER RECEIVE STATUTORY DEMANDS FROM OTHER CREDITORS
IN
RELATION TO OTHER OVERDUE INDEBTEDNESS
    * FURTHER STATUTORY DEMANDS MAY RESULT IN FURTHER POSSIBLE
LEGAL
ACTION(S) AGAINST CO
    * IN TALKS WITH A COMMERCIAL BANK IN HK TO WHICH GROUP OWED
REVOLVING LOAN AMOUNT OF HK$3.1 MILLION AS AT 31 MAY
    * BANK CREDITOR DEMANDED REPAYMENT, INDICATED LEGAL ACTIONS
MAY BE
TAKEN IF LOAN IS NOT REPAID BY JUNE 30
    * AS AT 31 MAY, CASH AND BANK BALANCES HK$8.0 MILLION

Source text for Eikon:  ID:nHKS82Kj33 
Further company coverage:  1539.HK 

 (Reuters.Briefs@thomsonreuters.com)