Asian Citrus Unit in Talks with Qichun Aimu Technology for Loan Extension

MT Newswires Live
30 Jan

Asian Citrus Holdings (HKG:0073) said its subsidiary Shenzhen City Jiu Yuan Wan Jiang Huitu Technology is in discussion with Qichun Aimu Technology regarding an extension for a loan with a principal of 5 million yuan, a Monday Hong Kong bourse filing said.

As of the filing date, Qichun Aimu Technology has repaid 1 million yuan and accrued interest of 100,000 yuan. The principal amount of 4 million yuan remains outstanding.

The loan extension may or may not materialize, the filing said.

Price (HKD): $2.50, Change: $+0.10, Percent Change: +4.17%

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