Cathay Bank To Seek Appointment Of Receiver Over Maximum Entertainment's U.S. Unit

About this update from Maximum Entertainment Ab Class B

Maximum Entertainment AB OMXSTO:MAXENT_B:CATHAY BANK NOTIFIES INTENTION TO SEEK APPOINTMENT OF RECEIVER OVER U.S. SUBSIDIARYOTHER SUBSIDIARIES HELD DIRECTLY BY CO ARE NOT AFFECTEDLETTER FROM BANK REITERATES THAT BORROWER IS IN DEFAULT UNDER LOAN AGREEMENTS WITH BANKENGAGED WITH CATHAY BANK, NO AGREEMENT REACHED

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