CR Construction (01582) and its subsidiaries have been granted a loan amounting to not more than HK$530 million.
China Construction (01582) announced that on February 27, 2026, the company and China Construction Limited (a wholly-owned subsidiary of the company) (as the borrower) entered into a loan agreement and a series of financial documents with a syndicate of banks (as the lenders). Under this agreement, the lenders agreed to provide a loan of up to HK$530 million to the borrower (the loan) (which may be further increased in accordance with the terms) for refinancing existing debts and/or meeting the general working capital needs of the group. The loan maturity date is either 12 months from the first drawdown date of the loan or 36 months from the first drawdown date of the loan if the extension option is exercised.
CR CONSTRUCTION (01582) announces that on February 27, 2026, the company and CR CONSTRUCTION Limited (a wholly-owned subsidiary of the company) (as the borrower) entered into a loan agreement and a series of financial documents with a syndicate of banks (as the lenders), under which the lenders agreed to provide a loan not exceeding HKD 530 million to the borrower (the Loan) (which amount may be further increased in accordance with the terms) for the purpose of refinancing existing debts and/or meeting the general operating capital needs of the group. The maturity date of the Loan is either 12 months from the first drawdown date of the Loan or 36 months from the first drawdown date of the Loan if the lenders exercise their extension option.
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