Hua Yin International Secures HK$39 Million Credit Facility

MT Newswires Live

01/13

Hua Yin International (HKG:0989) secured a HK$39 million credit facility from Ground Group HK as part of a broader restructuring plan, according to a Hong Kong bourse filing Monday.

Shares of the property developer fell nearly 3% in morning trade on Tuesday.

The firm said it had already drawn HK$3.2 million from the facility, which is interest-free and unsecured.

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