BRIEF-Oceanwide Holdings Fails To Repay Dollar Private Placement Note Due On May 20

Reuters05-22

May 22 (Reuters) - Oceanwide Holdings Co Ltd

* OCEANWIDE HOLDINGS SAYS IT FAILS TO REPAY DOLLAR PRIVATE PLACEMENT NOTES DUE ON MAY 20

* OCEANWIDE HOLDINGS SAYS IT WILL CONTINUE TO NEGOTIATE WITH NOTE HOLDERS AND PLAN TO EXTEND THE PAYMENT TO NOV 20

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Further company coverage:

(Reporting by Beijing Newsroom)

((Ethan.Wang@thomsonreuters.com;))

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