Brief: ZZ Capital International Says Unit To Assign All Rights & Benefits In Respect Of Loan Facility & Security Document

Kingwisoft Technology Co

31/03/2020 15:18

March 31 (Reuters) - ZZ Capital International Ltd  8295.HK :
    * UNIT TO ASSIGN ALL RIGHTS & BENEFITS IN RESPECT OF LOAN
FACILITY
& SECURITY DOCUMENT AT SETTLEMENT AMOUNT OF US$28 MILLION
    * CO IS EXPECTED TO RECOGNISE A GAIN OF ABOUT US$7.6 MILLION
AFTER
TAKING INTO ACCOUNT PARTIAL REPAYMENT UNER LOAN AGREEMENT

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSchnY9N
Further company coverage:  8295.HK 

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