Brief: China Ecotourism Says Creditor Demanded Immediate Repayment Of Outstanding Amounts Under Facility

China Ecotourism

21/12/2023 16:57

Dec 21 (Reuters) - China Ecotourism Group Ltd  1371.HK :
    * REFERS TO ANNOUNCEMENTS OF CO IN RESPECT OF BREACH OF LOAN
AGREEMENTS
    * UP TO DATE OF THIS ANNOUNCEMENT, CREDITOR AND HOLDER OF
BONDS
HAVE NOT GRANTED ANY WAIVER IN RESPECT OF DEFAULTS
    * CREDITOR AND HOLDER OF BONDS HAVE DEMANDED IMMEDIATE
REPAYMENT
OF OUTSTANDING AMOUNTS UNDER FACILITY AND BONDS
    * MANAGEMENT OF GROUP IS IN COURSE OF SEEKING FOR A POSSIBLE
SOLUTION TO ISSUES RESULTING FROM DEFAULTS

Source text for Eikon:  ID:nHKS7w00sS 
Further company coverage:  1371.HK 

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