Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CG SERVICES Provides RMB1B Revolving Loan Facilities to Yang Huiyan's Subsidiaries for CG Guaranteed Home Delivery
Recommend 17 Positive 34 Negative 7 |
||||
|
||||
|
CG SERVICES (06098.HK) announced a connected transaction in which it provided revolving loan facilities in an aggregate principal amount of RMB1 billion to Concrete Win and Fortune Warrior, which are directly and wholly owned by Yang Huiyan, a non-executive Director and a Substantial Shareholder of the Company. The borrowers shall on-lend the loan to COUNTRY GARDEN (02007.HK)'s PRC subsidiaries for use in connection with matters relating to "guaranteed delivery of houses". AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
