BRIEF-Doyen International Says Unit Entered Into Factoring Agreement

Reuters

2024/10/16

Oct 16 (Reuters) - Doyen International Holdings Ltd

* UNIT ENTERED INTO FACTORING AGREEMENT

* UNIT AGREED TO PROVIDE FINANCING BEING SECURED BY ACCOUNTS RECEIVABLE ASSIGNED TO CHONGQING MAOTONG

* DONGRUI AGREED TO PROVIDE FINANCING BEING SECURED BY ACCOUNTS RECEIVABLE ASSIGNED TO CHONGQING MAOTONG FOR RMB21.5 MILLION

* ON 12 SEPT, CHONGQING MAOTONG ENTERED INTO FACTORING AGREEMENT 1 FOR PERIOD OF 1 YEAR FOR RMB9 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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