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8 months ago
BRIEF-National Arts Entertainment And Culture Group updates on repayment of loans
December 13, 2016 / 2:27 PM / 8 months ago

BRIEF-National Arts Entertainment And Culture Group updates on repayment of loans

Dec 13 (Reuters) - National Arts Entertainment And Culture Group Ltd

* Co and sin are in negotiation to settle 2016 loan interests by way of issuing new shares of co

* Is currently in discussion with Sin Kwok Lam for repayment of part of interests of loans incurred in 2016

* Refers to provision of shareholder's loan, convertible bond and promissory note in amount hk$593 million as at 13 dec 2016 Source text for Eikon: Further company coverage:

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