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2379 - Zhongtian International News Story

HK$0.3 0.0  0.0%

Last Trade - 1:00am

Sector
Technology
Size
Micro Cap
Market Cap £12.7m
Enterprise Value £101.7m
Revenue £7.62m
Position in Universe 5352nd / 5941

BRIEF-Zhongtian International Updates On Possible Breach Of Agreement By Unit

Fri 24th August, 2018 12:31pm
Aug 24 (Reuters) - Zhongtian International Ltd  2379.HK :
    * UNIT ZHONGTIAN ENTERPRISE MAY NOT COMPLETE DEVELOPMENT OF
RELEVANT LAND BY OCT 14, POSSIBLY RESULTING IN BREACH OF
AGREEMENT
    * BREACH OF AGREEMENT COULD RESULT IN PAYMENT OF LIQUIDATED
DAMAGES
    * SEEKING POSSIBLE EXTENSION OF DEADLINE & WAIVER OF
LIQUIDATED
DAMAGES, EXTERNAL FINANCING, CONSIDERES SALE OF RELEVANT LAND

Source text for Eikon:  ID:nHKS4fq1wK 
Further company coverage:  2379.HK 

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