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BRIEF-Boyuan Construction Announces Partial Debenture Repayment And Plans For Remitting The Balance Of Funds

Published 2018-12-18, 12:28 p/m
BRIEF-Boyuan Construction Announces Partial Debenture Repayment And Plans For Remitting The Balance Of Funds
BOY
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Boyuan Construction Group Inc BOY.TO :

* BOYUAN CONSTRUCTION ANNOUNCES PARTIAL DEBENTURE REPAYMENT AND PLANS FOR REMITTING THE BALANCE OF FUNDS

* BOYUAN CONSTRUCTION - C$2.9 MILLION REMITTED TO TRUSTEE FOR COMPANY'S 11.5% UNSECURED CONVERTIBLE DEBENTURES WILL BE DISTRIBUTED TO HOLDERS ON DECEMBER 21

* BOYUAN CONSTRUCTION GROUP - TRUSTEE WILL PAY HOLDERS OUTSTANDING INTEREST AMOUNT DUE AT MATURITY AND INTEREST ACCRUED ON UNPAID PRINCIPAL

* BOYUAN CONSTRUCTION GROUP INC - EXPECTS TO REMIT APPROXIMATELY C$2.6 MILLION OF REMAINING BALANCE TO TRUSTEE BY DECEMBER 21, 2018

* BOYUAN CONSTRUCTION - TRUSTEE TO PAY HOLDERS UNPAID INTEREST FROM OCTOBER 31 TO DECEMBER 20, 2018, AND APPROXIMATELY C$2.5 MILLION OF PRINCIPAL

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