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Shenji Group Kunming Machine Tool Says Court Accepted Application For Shenyang Group Restructuring


Monday, 22 Jul 2019 

July 22 (Reuters) - Shenji Group Kunming Machine Tool Co Ltd <0300.HK>::COURT ACCEPTED APPLICATION FOR SHENYANG GROUP RESTRUCTURING BY SHENYANG JIN LIJIAN LUBRICATION TECHNOLOGY.SHENYANG GROUP ENTERING RESTRUCTURING PROCEDURE WILL HAVE AN IMPACT ON COMPANY'S SHAREHOLDING STRUCTURE.AS AT JULY 22, CERTAIN BANK LOANS OF CO ARE SECURED LOANS PROVIDED BY SHENYANG GROUP, SUCH LOANS WILL BE AFFECTED. 

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