March 20 (Reuters) - Healthway Medical Corp Ltd-
* On 17 March 2017, received a non-binding draft indicative term sheet from lippo china resources limited
* Refers to straits times article dated 19 march 2017 titled “Healthway: a tale of how risky loans made a firm sick”
* Term sheet for principal amount of s$10 million for a tenure of 12 months.
* Term sheet in relation to a proposed interim financing plan to address company’s current payroll requirements Source text for Eikon: Further company coverage: (Reporting by Ambar Warrick)