Brief: Yida China Says Updates On Estimated Cross-Default From Failure To Repay Relevant Loans
Dec 31 (Reuters) - Yida China Holdings Ltd 3639.HK: AS OF 30 NOV, ESTIMATE CROSS-DEFAULT FROM FAILURE TO REPAY RELEVANT LOANS ON MATURITY DATE IS RMB4,980 MILLION AS AT DEC 31, PARTIES STILL ACTIVELY NEGOTIATING ON EXTENSION OF DEBT RESTRUCTURING AGREEMENT Further company coverage: 3639.HK ((Reuters.Briefs@thomsonreuters.com;))
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Real estate developer Yida China Holdings' half-year revenue falls 19.5%