CINDA INTL HLDG (00111) secured a non-committed revolving loan financing of HKD 200 million
Sinotrans International Holdings (00111) has announced that on September 17, 2025, the company, as the borrower, has confirmed to accept...
CINDA INTL HLDG (00111) announced that on September 17, 2025, the company, as the borrower, confirmed acceptance of a financing letter issued by a licensed bank in Hong Kong on September 9, 2025. The bank agreed to provide the company with an uncommitted revolving loan financing of 200 million Hong Kong dollars (or equivalent in US dollars, Chinese yuan, or other currencies accepted by the bank) according to the terms and conditions of the financing letter, with a drawdown period of one year starting from the date of acceptance of the financing letter. The financing letter specifies certain performance obligations for the company's controlling shareholder.
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