Brief: Xinyuan Property Management Service (Cayman) Identifies Certain Time Deposits

Xinyuan Property Management Service (Cayman)

15/11/2022 12:32

Nov 15 (Reuters) - Xinyuan Property Management Service
(Cayman) Ltd  1895.HK :
    * IDENTIFIED CERTAIN TIME DEPOSITS OF XINYUAN SCIENCE AND
TECHNOLOGY SERVICE
    * DEPOSITS AMOUNT TO APPROXIMATELY RMB 402 MILLION IN
AGGREGATE
    * TAKEN URGENT STEPS TO OBTAIN FURTHER INFO ABOUT PLEDGES,
MADE
WITHOUT CONSENT OF SENIOR MANAGEMENT
    * DEPOSITS PLEDGED IN FAVOUR OF BOZ & HUAXIA BANK TO SECURE
LOAN
FACILITIES FOR UNIT OF XINYUAN REAL ESTATE

Source text for Eikon:  ID:nHKS3DY3pQ 
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