Brief: Yunkang Group Says Informed By YK Development That On Nov 18 It Pledged 181.1 Mln Shares To CCB In Favour Of SPDB HK As Security To Secure Indebtedness

Yunkang

23/11/2022 15:04

Nov 23 (Reuters) - Yunkang Group Ltd  2325.HK :
    * INFORMED BY YK DEVELOPMENT THAT ON NOV 18 IT PLEDGED 181.1
MILLION SHARES TO CCB IN FAVOUR OF SPDB HK AS SECURITY TO SECURE
INDEBTEDNESS
    * EXPECTED THAT 60.6 MILLION SHARES AMONG PLEDGED SHARES
WILL BE
PLEDGED DIRECTLY AS SECURITY TO SECURE INDEBTEDNESS UNDER
ONSHORE FACILITY DEALS
    * 60.6 MILLION SHARES AMONG PLEDGED SHARES WILL BE PLEDGED
DIRECTLY TO SPDB GUANGZHOU WUYANG BRANCH ON NOV 28

Further company coverage:  2325.HK 
 ((Reuters.Briefs@thomsonreuters.com;))