The entire obligations of the subsidiary guaranteed under the global repurchase agreement entered into with HSBC Bank.

date
22/01/2025
avatar
GMT Eight
CISI FIN(06058) issued a notice, according to which, the company agrees to provide a guarantee to HSBC to secure all obligations under the global repurchase agreement entered into between CISI Investment Limited (an indirect wholly-owned subsidiary of the company) and HSBC. In order to support the group's future investment plans, the company has internally managed to increase the guarantee amount from USD 200 million to USD 300 million to further support the business development of CISI Investment Limited.

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