China Changbaishan Secures HK$39 Million Credit Facility from Ground Group HK

Reuters
Jan 12
China Changbaishan Secures HK$39 Million Credit Facility from Ground Group HK

China Changbaishan International Holdings Limited has announced the signing of a new funding agreement with Ground Group (Hong Kong) Company Limited. Under the terms of the agreement, Ground Group HK will provide a credit facility of up to HK$39 million to China Changbaishan International Holdings Limited and its indirect wholly-owned subsidiary, Ka Yun Investments Limited, as co-borrowers. The transaction is classified as a fully exempted connected transaction under the Hong Kong Stock Exchange Listing Rules.

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