Min Xin Holdings Secures HK$390 Million Revolving Loan Facility

Reuters
2025/12/11
Min Xin Holdings Secures HK$390 Million Revolving Loan Facility

Min Xin Holdings Limited has entered into a new facility agreement with a bank, securing an uncommitted revolving loan facility of up to HK$390 million. Under the terms of the facility letter signed on 11 December 2025, the bank retains the right to modify, cancel, or suspend the facility at its sole discretion, and may demand immediate repayment of any outstanding amounts. The agreement also requires Min Xin Holdings Limited to ensure that its controlling shareholder, Fujian Investment & Development Group Co., Ltd. (FIDG), continues to hold at least 50% of the company's issued share capital during the term of the facility. Breach of this condition would constitute an event of default, making all amounts under the facility immediately due and payable. As of the announcement date, FIDG holds approximately 59.53% of the company's issued share capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Min Xin Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251211-11952576), on December 11, 2025, and is solely responsible for the information contained therein.

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