Brief: Synergy Group Holdings International Says In Talks With HSBC For Extension Of Loan Facilities Repayment Schedule

Unity group International

02/09/2020 15:39

Sept 2 (Reuters) - Synergy Group Holdings International Ltd
 1539.HK :
    * SINCE 19 AUG, DIRECTORS IN TALKS WITH HSBC FOR EXTENSION
FOR
REPAYMENT SCHEDULE OF LOAN FACILITIES
    * UNDERSTOOD THAT CO WILL REPAY AT LEAST HK$13 MILLION BY 9
SEPT
    * UNDERSTOOD THAT CO WILL REPAY REMAINING OUTSTANDING AMOUNT
BY 30
SEPT
    * IN VIEW OF REPAYMENT, HSBC TO NOT TAKE ANY FURTHER
ENFORCEMENT
ACTION REGARDING STATUTORY DEMAND TILL 30 SEPT
    * CO IN TALKS WITH A NUMBER OF POTENTIAL INVESTORS FOR OTHER
FUNDRAISING
    * ALSO IN TALKS WITH INVESTORS INTERESTED IN BUYING CERTAIN
BUSINESSES OR FINANCIAL ASSETS OF CO

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1BtCvs
Further company coverage:  1539.HK 

 (Reuters.Briefs@thomsonreuters.com)