Leading Affluence Secures HK$1,450 Million Loan with Yuexiu Property's Backing

Reuters

07-14

Leading Affluence Secures HK$1,450 Million Loan with <a href="https://laohu8.com/S/YUEXF">Yuexiu Property</a>'s Backing

Leading Affluence Limited, a wholly-owned subsidiary of Yuexiu Property Co. Ltd., has entered into a facility agreement with a bank for a term loan facility valued at HK$1,450 million, with a term of three years from the initial drawdown date. The obligations under this agreement are guaranteed by Yuexiu Property. An event of default is stipulated in the agreement should the shareholding of Yue Xiu Enterprises (Holdings) Limited, the controlling shareholder of Yuexiu Property, fall below 30%, or if Yue Xiu ceases to be the largest beneficial shareholder or loses effective management control. Currently, Yue Xiu holds about 44% of Yuexiu Property's issued shares.

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. Yuexiu Property Co. Ltd. published the original content used to generate this news brief on July 14, 2025, and is solely responsible for the information contained therein.

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Ltd., has entered into a facility agreement with a bank for a term loan facility valued at HK$1,450 million, with a term of three years from the initial drawdown date. The obligations under this agreement are guaranteed by <a href=\"https://laohu8.com/S/00123\">Yuexiu Property</a>. An event of default is stipulated in the agreement should the shareholding of Yue Xiu Enterprises (Holdings) Limited, the controlling shareholder of Yuexiu Property, fall below 30%, or if Yue Xiu ceases to be the largest beneficial shareholder or loses effective management control. Currently, Yue Xiu holds about 44% of Yuexiu Property's issued shares.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Yuexiu Property Co. Ltd. published the original content used to generate this news brief on July 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00123","symbol_name":"越秀地產","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250714:nNDL3XM0:1","article_id":"2551972183","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551972183","pubTimestamp":1752492213,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Leading Affluence Limited, a wholly-owned subsidiary of Yuexiu Property Co. 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Ltd. published the","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00123":"越秀地产","BK1555":"内房股","BK1240":"房地产开发"},"translate_title":"领富获越秀地产支持获14.5亿港元贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00123":0.9},"content_text":"Leading Affluence Secures HK$1,450 Million Loan with Yuexiu Property's Backing\n    \n\n        Leading Affluence Limited, a wholly-owned subsidiary of Yuexiu Property Co. Ltd., has entered into a facility agreement with a bank for a term loan facility valued at HK$1,450 million, with a term of three years from the initial drawdown date. The obligations under this agreement are guaranteed by Yuexiu Property. An event of default is stipulated in the agreement should the shareholding of Yue Xiu Enterprises (Holdings) Limited, the controlling shareholder of Yuexiu Property, fall below 30%, or if Yue Xiu ceases to be the largest beneficial shareholder or loses effective management control. Currently, Yue Xiu holds about 44% of Yuexiu Property's issued shares.\n      \n\nDisclaimer: 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. Yuexiu Property Co. 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