China Resources Land Limited has announced the signing of a Facility Letter for a CNY 2,000,000,000 term loan facility with a bank. The loan, set for a three-year term starting from the acceptance of the Facility Letter, includes specific performance obligations on China Resources (Holdings) Company Limited $(CRH)$. Key conditions include maintaining CRH's beneficial ownership of at least 50% of its share capital and the ability to control the appointment of the Company's board directors. Failure to meet these conditions could trigger an event of default, making all outstanding sums immediately payable. Continuing disclosures will be made in the Company's future reports as necessary.
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