Brief: Summi(Group)Holdings Ltd Says Received A Demand Letter In Relation To A Facility Agreement

Summi (Group) Holdings

05/11/2018 14:42

Nov 5 (Reuters) - Summi (Group) Holdings Ltd  0756.HK :
    * RECEIVED A DEMAND LETTER IN RELATION TO A FACILITY
AGREEMENT
DATED 8 AUGUST 2016
    * COMPANY IS BEING DEMANDED TO MAKE IMMEDIATE PAYMENT IN SUM
OF
US$8.3 MILLION
    * CO IS CURRENTLY ASSESSING IMPACT OF ABOVE AND ANY
POTENTIAL
DEFAULT ON OTHER LOAN FACILITIES GRANTED TO GROUP

Source text for Eikon:  ID:nHKS62Dhq8 
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 (Reuters.Briefs@thomsonreuters.com)