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Yuanbang Property Subsidiary Receives Loan Repayment Notice","url":"https://stock-news.laohu8.com/highlight/detail?id=2477879425","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477879425?lang=en_us&edition=fundamental","pubTime":"2024-10-22 13:32","pubTimestamp":1729575143,"startTime":"0","endTime":"0","summary":"China Yuanbang Property's  indirect 100% subsidiary, Guangdon Yuangbang Real Estate, received a notification from Guangzhou Assets Management requesting for the immediate repayment of outstanding dues, according to a filing with the Singapore Exchange on Monday.The lender is requesting for the payment of a loan balance worth 182.0 million yuan along with default interest of 25.7 million yuan.The property management company is now in discussions with the lender to work out a revised repayment schedule for the loan.Meanwhile, the board has applied for a voluntary suspension of trading in its shares until a revised repayment 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the fiscal year ended June 30, narrowing from a loss of 211.0 million yuan in the previous year, according to a filing with the Singapore Exchange on Friday.Loss per share was 2.07 yuan for the period, compared with 3.04 yuan a year earlier. 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