GREY:BYGRF - Post by User
Post by
Amamealon Nov 07, 2018 2:17pm
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Post# 28938670
experiencing delays transferring funds from its banking part
experiencing delays transferring funds from its banking part Boyuan today announced that it is experiencing delays transferring funds from its banking partners in China with respect to the redemption of the Company's 11.5% unsecured convertible debentures due on October 31, 2018 (the "Unsecured Debentures").
The Company wishes to reassure its debenture holders that once these temporary delays on the banking end have been resolved, the Company will proceed with the redemption in full of all of the currently outstanding Debentures.
https://www.newswire.ca/news-releases/boyuan-construction-announces-delay-in-redemption-of-debentures-699952171.html