Yuexiu Properties (00123) subsidiary awarded HK$500 million term loan financing

Zhitongcaijing · 03/25 10:41

According to Zhitong Finance App, Yuexiu Real Estate (00123) announced that on March 25, 2024, Hongjing Limited (as the borrower) signed a financing agreement with a bank. According to this, the lender provided HK$500 million term loan financing under the terms and conditions of the financing agreement. The loan period is 364 days from the date of the financing agreement. Hongjing is a wholly-owned subsidiary of the company, and its liability under the financing agreement is guaranteed by the company.