China BAK (CBAK) Receives Default Notice for Shenzhen BAK

China BAK (CBAK) Receives Default Notice for Shenzhen BAK
As previously disclosed, on December 17, 2013 and January 8, 2014, Shenzhen BAK Battery Co., Ltd. (“Shenzhen BAK”), a wholly-owned subsidiary of China BAK Battery, Inc. (Nasdaq: CBAK) entered into two loan agreements (the “Loan Agreements”) with …
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