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3 months ago
BRIEF-Synergis Holdings updates on announcement by Hsin Chong Group regarding its failure to pay half-yearly interest
May 24, 2017 / 1:04 PM / 3 months ago

BRIEF-Synergis Holdings updates on announcement by Hsin Chong Group regarding its failure to pay half-yearly interest

May 24 (Reuters) - Synergis Holdings Ltd

* Noted an announcement issued by Hsin Chong Group regarding its failure to pay half-yearly interest in amount of us$13.125 million on senior notes

* As at date of the announcement, co has received only approximately hk$3.5 million under settlement agreement

* "There is no assurance that group would be able to recover such amount within agreed period" Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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