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Replies to post #8978 on China Unlimited
surfer44
09/29/16 12:39 AM
#8979 RE: beach_trades #8978
RealDutch
09/29/16 6:50 PM
#8984 RE: beach_trades #8978
By written notice dated September 7, 2016 DEG notified the Agent under the Pledge Agreement that the Borrower was in default under the Loan Agreement and that DEG was exercising its right under the Pledge Agreement to have the pledged shares registered in its name. Under the Pledge Agreement, DEG has the right to sell the shares and apply the proceeds to the repayment of the Loan.
09/29/16 7:06 PM
#8985 RE: beach_trades #8978