Maximum Entertainment Defaults On Loan Deals With Cathay Bank
ReutersApr 1, 2025 8:56 AM
April 1 (Reuters) - Maximum Entertainment AB MAXENTb.ST:
MAXIMUM ENTERTAINMENT, LLC IN USA HAS RECEIVED NOTICE OF DEFAULT UNDER ITS LOAN AGREEMENTS WITH CATHAY BANK
RECEIVED DEMAND OF PAYMENT IN FULL OF CREDITS WITH CATHAY BANK OF NOT LESS THAN $5,547,801 AND NO LATER THAN ON APRIL 10
CURE PERIOD UNTIL APRIL 10, 2025 TO REPAY USD 5.5 MILLION TO CATHAY BANK
MAXIMUM ENTERTAINMENT AB - IS NOT IN A FINANCIAL POSITION TO PROCEED WITH PAYMENT AT THIS TIME, IS SEEKING TO FIND A SOLUTION TO SITUATION
MAXIMUM ENTERTAINMENT AB - SUBSIDIARIES HELD DIRECTLY BY MAXIMUM ENTERTAINMENT AB ARE AT THIS STAGE NOT AFFECTED
Further company coverage: [MAXENTb.ST]
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
The Week Ahead: : US January Non-Farm Payrolls and CPI Data Arrive; Coinbase, Coreweave Report Earnings
TradingKey - Along with key technology companies. Attention is on the earnings results of companies such as Applovin (APP) and Unity Software (U), while cryptocurrency-related stocks Coinbase (COIN) and Robinhood (HOOD) also report this week. On the macro front, due to the recent brief U.S. governmeTradingKey
14 hours ago
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.TradingKey
Fri, Feb 6
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.TradingKey
Fri, Feb 6
2026 Silver Run: When the Paper Game Collapses and Silver Returns as a Strategic Asset
TradingKey - Silver is quietly breaking away from paper markets as AI, nuclear power and central banks all start fighting for the same limited pile of real metal.TradingKey
Mon, Jan 19
An Overview of U.S. Government Shutdowns: Causes and Consequences
TradingKey - A government shutdown is a uniquely American political event. After former President Donald Trump orchestrated the longest and most costly government shutdown in history during his first term, the risk of another shutdown has resurfaced at the start of his second term.TradingKey
Fri, Sep 26
