CR Construction Group Holdings Secures HKD300 Million Loan for Business Operations

Reuters
01/29
CR Construction Group Holdings Secures HKD300 Million Loan for Business Operations

CR Construction Group Holdings Ltd. announced that its wholly-owned subsidiary, CR Construction Company Limited, has entered into a new loan agreement with a bank, securing a loan facility of up to HKD300 million for business operations. The loan has a maturity period of up to 12 months from the effective date of the agreement. As part of the specific performance obligations under the loan, Zhejiang Construction Investment Group Co., Ltd. must remain the controlling shareholder of the borrower throughout the loan term. Any change in control without the lender’s prior written consent will trigger a mandatory prepayment obligation. The company will continue to disclose relevant updates in its interim and annual reports as required by the Hong Kong Stock Exchange Listing Rules.

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. CR Construction Group Holdings Ltd. 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-20260128-12003707), on January 28, 2026, and is solely responsible for the information contained therein.

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