Sun Hung Yip Engineering Construction Company Limited $(SHY)$, a subsidiary of MECOM Power and Construction Ltd., has entered into a facility agreement alongside EHY Construction and Engineering Company Limited. The agreement includes a revolving loan facility of up to HK$43 million and a bank overdraft facility of up to HK$10 million. It also includes a revolving commitment for the issuance of bank guarantees of up to HK$110 million. These facilities are available until July 11, 2026. SHY, established in Macau with limited liability, is indirectly wholly-owned by MECOM Power and Construction Ltd., which is listed on the Main Board of the Stock Exchange of Hong Kong.
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