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1765 — XJ International Holdings News Story

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Brief: Hope Education Updates On Restructuring Of Co's Offshore Liability

July 17 (Reuters) - Hope Education  1765.HK :
    * UPDATE ON RESTRUCTURING OF COMPANY'S OFFSHORE LIABILITY
    * STILL IN NEGOTIATIONS WITH CREDITORS ON DEFINITIVE TERMS
OF
PROPOSED RESTRUCTURING
    * ANTICIPATED THAT OUTSTANDING INDEBTEDNESS BE SETTLED BY
INITIAL
CASH REPAYMENT OF CONSIDERABLE PORTION OF OUTSTANDING AMOUNT

Further company coverage:  1765.HK 

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

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