BRIEF-Yida China Says Rongtai, Zhengzhou Yida Failed To Repay Remaining Principal Of Loan Of RMB0.504 Bln

Reuters10-17
BRIEF-<a href="https://laohu8.com/S/03639">Yida China</a> Says Rongtai, Zhengzhou Yida Failed To Repay Remaining Principal Of Loan Of RMB0.504 Bln

Oct 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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