February 28, 2020 / 2:27 PM / in a month

BRIEF-Huajun International Updates On Legal Proceedings On Breach Of Loan Agreement

Feb 28 (Reuters) - Huajun International Group Ltd:

* ON 20 JAN SHANGHAI YIYI (GREENLAND) INVESTMENT PARTNERSHIP ISSUED AND FILED A STATEMENT OF CLAIM AGAINST UNIT

* CLAIM FOR ALLEGED BREACH OF LOAN AGREEMENT DUE TO DEFAULT IN REPAYMENT OF REMAINING PRINCIPAL AMOUNT OF RMB169.5 MILLION

* REPAYMENT PLAN DELAYED DUE TO IMPACT OF CORONAVIRUS OUTBREAK

* RESUMPTION, CONSTRUCTION, SALES OF REAL ESTATE PROJECTS BY UNIT WERE TO A CERTAIN EXTENT AFFECTED BY EPIDEMIC Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below