China Merchants Port Holdings Company Limited has announced a new shareholder loan facility agreement with Terminal Link SAS, a French company. Under the agreement, China Merchants Port will provide Terminal Link with a loan of USD 19.6 million (approximately HK$153 million) for a period of ten years at an interest rate of 8.25% per annum. The purpose of the loan is to enable Terminal Link to grant a shareholder loan to KFTL to fund its capital expenditure expansion. In connection with this transaction, CMA Terminals, a wholly-owned subsidiary of CMA CGM and majority shareholder of Terminal Link, will also provide a proportional shareholder loan facility of USD 20.4 million (approximately HK$159 million). The agreement is subject to shareholder approval in accordance with the relevant listing rules of the Shenzhen Stock Exchange.