BRIEF-Grand Ming Group Obtains Waivers From Certain Lenders On Breach Relating To Bank Borrowings Of HK$2,747 Million

Reuters
Jul 08
BRIEF-<a href="https://laohu8.com/S/01271">Grand Ming</a> Group Obtains Waivers From Certain Lenders On Breach Relating To Bank Borrowings Of HK$2,747 Million

July 8 (Reuters) - Grand Ming Group Holdings Ltd 1271.HK:

  • OBTAINED WAIVERS FROM CERTAIN LENDERS ON BREACH RELATING TO BANK BORROWINGS OF HK$2,747 MILLION

  • GROUP FAILS TO COMPLY WITH CERTAIN FINANCIAL COVENANTS UNDER LOAN FACILITIES

Further company coverage: 1271.HK

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

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