Shandong Gold Mining (01787) Controlling Shareholder Obtains Special Loan Commitment Letter for Increasing Shareholding
Shandong Gold (01787) announced that the company has recently received a notice from its controlling shareholder, Shandong Gold Group Co., Ltd. (hereinafter referred to as...
Shandong Gold Mining (01787) announced that the company recently received a notice from its controlling shareholder, Shandong Gold Mining Group Co., Ltd. (hereinafter referred to as "Gold Group"), stating that Gold Group has obtained a "Letter of Commitment for Stock Increase Loan for Listed Companies" from the Shandong Branch of Industrial and Commercial Bank of China. Industrial and Commercial Bank of China intends to provide Gold Group with a loan amount of up to 900 million yuan for increasing the company's stock, with a loan term not exceeding 3 years.
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