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The Chairman Of The Central Group Lost Contact With The Continuous Fermentation Department Store Closed After The Sale Of Real Estate Projects.

2014/6/27 9:35:00 21

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Central Group Department Stores Closed Project Sale

the annual interest rate of entrusted loans is as high as 18% .
 Hua Ding holdings can not be recovered. /p >
 yesterday, < a href= "http://www.91se91.com/news/index_c.asp" > Hua Ding shares < /a > issued a notice that the board was confirmed by the Bank of Ningbo Limited by Share Ltd and Bank of Communications Ltd. The Bank of Ningbo entrusted the loan and the Bank of communications entrusted a loan breach. The reason was that the borrowers failed to settle the amount of the overdue interest within the agreed payment schedule contained in the loan agreement. The announcement said that a legal proceeding may be initiated to the borrower through a commissioned bank. The group is working closely with the banks concerned on the possibility of obtaining collateral for loans. 
The P notice warned that the director could not confirm whether the Ningbo bank entrusted loan and the Bank of communications entrusted loans could be fully recovered. 
 although Hua Ding did not mention Zhong Du group in the announcement, the company announced that it had issued 130 million yuan of entrusted loans through the Bank of Ningbo, the borrower as the central holding group, and the entrusted loan of 30 million yuan by the Bank of communications. The borrower was the central real estate Group Co. Ltd. and the Zhejiang Zhong Du Department Store Co. Ltd. 
 Hua Ding 2013 annual report shows that the two entrusted loans are calculated according to < a href= "http://www.91se91.com/news/index_c.asp" > annual interest rate < /a > 18%. It is noteworthy that the company has reported in the annual report and the Associated company of the two companies have provided personal guarantees for loans to ensure that the borrower fulfills their obligations under the entrusted loan agreement. 
 the latest progress or today's release 
 > Yang Dingguo, chairman of Zhong Du holding group, was discovered from the closure of the a href= "http://www.91se91.com/news/index_c.asp" > department store < /a > on the 18 day of this month. 
 yesterday, reporters learned from relevant departments in Yuhang that Yang Dingguo, chairman of China holding group, is still looking for it. "At present, the public security department is investigating the incident of Yang Ding Guo's lost connection, whether he absconded with the money or anything else. The head of Publicity Department of Yuhang Propaganda Department told reporters that the government has intervened in the incident and the latest progress is released today. 
 it is understood that in addition to the closure of all three department stores, the real estate business of the group has been suspended, and its most famous property, "Qingshan Lake in Central China", has been suspended. However, hotels and properties are still operating normally. 
 "the relevant departments of Yuhang district have formally intervened and will lead the enterprises to liquidate their debts." He Tao, chief executive officer of Zhong Du group, told reporters as a spokesman. 
 the court has received many indictment .
 a person familiar with the matter said that the debt currently involved in the China Capital Group has reached as much as 20 billion yuan. On the grounds of company welfare, Yang Dingguo has a lot of internal financing, about about 60000000 yuan. He Tao called it "no comment". 
 reporter learned that from the beginning of June 19th night, the Yuhang District Court has accepted many indictment of China Central Group, including banks, trust companies, and Yang Dingguo's relatives, friends and classmates.