Pak Tak settles RMB 23 million defaulted Bank Loan 3 amid debt restructuring

Reuters04-01

Pak Tak settles RMB 23 million defaulted Bank Loan 3 amid debt restructuring

Pak Tak settled defaulted Bank Loan 3 in full in January 2026, covering RMB 23 million of principal.
Outstanding Amounts tied to Bank Loan 2, about RMB 342 million, were transferred to China Cinda Asset Management’s Shenzhen branch via a debt disposal arrangement.
Negotiations are planned with new creditor on renewing or extending repayment terms for overdue borrowing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pak Tak International Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260331-12084444), on March 31, 2026, and is solely responsible for the information contained therein.

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