Dec 27, 2021 05:40 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 27 - St Fangke announced that the company agreed to postpone the debt of the creditor Chongqing Three Gorges Bank Co., Ltd. again. The postponed principal amount was RMB 600 million, with an annualized rate of return of 6.87%. The maturity date was extended from August 9, 2021 to August 9, 2022. The repayment method was adjusted to pay the principal and income at maturity. The unpaid income and liquidated damages owed and payable are postponed to one-time payment on August 9, 2022.