BRIEF-Yida China Says Rongtai, Zhengzhou Yida Failed To Repay Remaining Principal Of Loan Of RMB0.504 BlnOct 17 (Reuters) - Yida China Holdings Ltd 3639.HK:
RONGTAI COMPANY AND ZHENGZHOU YIDA HAVE FAILED TO REPAY REMAINING PRINCIPAL OF LOAN OF APPROXIMATELY RMB0.504 BILLION
CROSS-DEFAULT AMOUNT ESTIMATED AT RMB5.1 BILLION
BOARD ASSESSING FINANCIAL IMPACT OF DEBT DEFAULT
Further company coverage: 3639.HK
((Reuters.Briefs@thomsonreuters.com;))
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