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BRIEF-Leshi's shareholder Jia Yueting unable to offer financial support as promised
November 10, 2017 / 11:23 AM / 10 days ago

BRIEF-Leshi's shareholder Jia Yueting unable to offer financial support as promised

Nov 10 (Reuters) - Leshi Internet Information & Technology Corp Beijing

* Says major shareholder Jia Yueting in written reply that he is unable to fulfill promises of lending money to company and buying company shares due to his own recent credit crunch

* Says Jia Yueting is willing to continue to lend money to the company when his financial conditions improved

Source text in Chinese: bit.ly/2hpbzU2

Further company coverage: (Reporting by Hong Kong newsroom)

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