CHK Oil Controlling Shareholder Secures HK$16 Million Loan with Share Pledge

Reuters

Nov 20

CHK Oil Controlling Shareholder Secures HK$16 Million Loan with Share Pledge

CHK Oil Limited announced that its controlling shareholder, Xin Hua Petroleum (Hong Kong) Limited, has entered into a loan agreement with Squadron Funding Capitalization Investor SPV2025, Ltd., a special purpose vehicle established by Squadron Capital Partners, Ltd. Under the agreement, Xin Hua Petroleum will pledge 80,000,000 ordinary shares of CHK Oil Limited to secure a non-recourse loan facility of approximately HK$16,000,000. The actual loan amount will vary based on the market price of the pledged shares. The lender is independent of CHK Oil Limited and its connected persons. Shareholders and potential investors are advised to exercise caution when dealing in the company's 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. CHK Oil Ltd. published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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CHK Oil Ltd. published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1238","symbol_name":"石油与天然气的勘探与生产","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251120:nNDL82ylkd:1","article_id":"2584135618","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584135618","pubTimestamp":1763638595,"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":"CHK Oil Limited announced that its controlling shareholder, Xin Hua Petroleum  Limited, has entered into a loan agreement with Squadron Funding Capitalization Investor SPV2025, Ltd., a special purpose vehicle established by Squadron Capital Partners, Ltd. Under the agreement, Xin Hua Petroleum will pledge 80,000,000 ordinary shares of CHK Oil Limited to secure a non-recourse loan facility of approximately HK$16,000,000. The actual loan amount will vary based on the market price of the pledged shares. The lender is independent of CHK Oil Limited and its connected persons. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.Disclaimer: This news brief was created by Public Technologies  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. CHK Oil Ltd. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1238":"石油与天然气的勘探与生产","JZCP.UK":"JZ CAPITAL PARTNERS LIMITED","00632":"中港石油"},"translate_title":"CHK Oil控股股东以股份质押获得1600万港元贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00632":0.9,"JZCP.UK":0.9},"content_text":"CHK Oil Controlling Shareholder Secures HK$16 Million Loan with Share Pledge\n    \n\n        CHK Oil Limited announced that its controlling shareholder, Xin Hua Petroleum (Hong Kong) Limited, has entered into a loan agreement with Squadron Funding Capitalization Investor SPV2025, Ltd., a special purpose vehicle established by Squadron Capital Partners, Ltd. Under the agreement, Xin Hua Petroleum will pledge 80,000,000 ordinary shares of CHK Oil Limited to secure a non-recourse loan facility of approximately HK$16,000,000. The actual loan amount will vary based on the market price of the pledged shares. The lender is independent of CHK Oil Limited and its connected persons. Shareholders and potential investors are advised to exercise caution when dealing in the company's 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. CHK Oil Ltd. published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}