Brief: Yida China Discloses Breach Of Loan Agreement
03/03/2026 14:16
March 3 (Reuters) - Yida China Holdings Ltd 3639.HK: BREACH OF LOAN AGREEMENT AFORESAID BORROWINGS OVERDUE CONSTITUTES A DEFAULT OF DEBTS AS OF MARCH 3, LOAN PRINCIPAL OF RMB498 MILLION AND ACCRUED INTEREST HAVE NOT BEEN REPAID BOTH PARTIES STILL ACTIVELY NEGOTIATING ON EXTENSION OF BORROWING AS OF 28 FEB, SEES AMOUNT OF CROSS-DEFAULT RESULTING FROM FAILURE TO REPAY RELEVANT LOANS ON MATURITY DATE OF RMB4.223 BILLION Further company coverage: 3639.HK ((Reuters.Briefs@thomsonreuters.com;))
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