Core Viewpoint - Yuehai Investment (00270.HK) announced a commitment for a term loan of HKD 2 billion from a bank, intended for refinancing existing debt and meeting short-term working capital needs, with a loan term not exceeding 364 days from the first drawdown [1] Group 1: Loan Details - The loan amount is HKD 2 billion, which will be used for refinancing existing debts and short-term operational needs [1] - The loan has a term of up to 364 days from the date of the first drawdown [1] Group 2: Conditions and Shareholding - The company is required to ensure that its parent company, Yuehai Holdings Group Limited, continues to be ultimately and beneficially controlled by the People's Government of Guangdong Province, holding a majority stake [1] - Yuehai Holdings currently holds approximately 58.26% of the company's equity, with the ultimate control held by the Guangdong Provincial Government [1]
粤海投资(00270.HK)获授20亿港元承诺性定期贷款融资