HONG KONG, Oct 13 (Reuters) - China's Agile Property Holdings Ltd is in talks with banks to extend a remaining bridge loan, the company said on an analyst briefing call on Monday.
Shares in the Hong Kong-listed property developer slumped by more than a fifth as trading in the stock resumed following news last week that it withdrew a rights issue and that its chairman Chen Zhuo Lin had been required by the Kunming City prosecutor to stay at "a designated residence" since late on Sept 30.
HSBC, Standard Chartered and Hang Seng Bank provided a $475 million 8-month loan to Agile in April that expires on Dec. 8, according to Thomson Reuters LPC data. (Reporting by Clare Jim and Denny Thomas; Editing by Ian Geoghegan)
FIND OUT MORE ABOUT 'BEN Latest News'
'Like us on Facebook'
http://www.facebook.com/pages/BEN-Latest-News/443681719077160
'Follow us on Twitter'
www.twitter.com/benlatestnews
For Advertisment and Partnering with us contact the CEO on:
BEN Latest News™
BB PIN: 260158B5
Skype: cwizard123
Phone: (+234)-807-591-2014
Work: (+234)-903-027-0566
Mobile: (+234)-818-505-0866
BizLine:(+234)-812-595-5300
Email: cwizard123@gmail.com
BLNs: benlatestnews@gmail.com
On: Facebook, Twitter | LinkedIn - cwizard123
Monday, 13 October 2014
Home »
» HOT STOCKS China's Agile Property says in talks with banks to extend bridge loan
HOT STOCKS China's Agile Property says in talks with banks to extend bridge loan
07:26
No comments
Related Posts:
TOP NEWS: American aid worker stricken with Ebola arrives in U.S. for treatmentATLANTA (Reuters) - An American aid worker infected with the deadly Ebola virus while in Liberia was flown from West Africa to the United States on Saturday and taken to an Atlanta hospital for treatment in a special isolatio… Read More
EXCLUSIVE NOLLYWOOD SUPER STORY: JIDE KOSOKO, AYO ADESANYA, GLORIA YOUNG, STAR IN 'JEALOUS HEART'Jide Kosoko, Ayo Adesanya, and Gloria Young, are starring in a new season of the hit series, Super Story, which is titled Jealous Heart. Also appearing in the new season are Kate Adepegba, Toyin Alausa, Mimi Orjiekwe, and Emm… Read More
TOP NEWS Israel signals Gaza war winding downGAZA/JERUSALEM (Reuters) - Israel signaled it was winding down the 25-day-old Gaza war unilaterally, saying on Saturday it would not attend Egyptian-hosted negotiations for a new truce and giving Palestinians who had fled fig… Read More
TOP NEWS: Israel withdraws some troops from Gaza, media reportsGAZA/JERUSALEM (Reuters) - Some Israeli ground forces withdrew from the Gaza Strip on Saturday, two Israeli television stations reported, after the military said it was close to achieving its main war goal of destroying Hamas… Read More
DOWNLOAD VIDEO OF Keyshia Cole – SheKeyshia's DJ Mustard-produced single "She" gets a visual treatment. It will live on her upcoming LP Point Of No Return coming later this year. DOWNLOAD VIDEO » http://tinyurl.com/mfszgdq Submit Music Vide… Read More
0 comments:
Post a Comment