Changyou Alliance (HK:1039) has released an update.
Changyou Alliance Group Limited has conditionally revised the terms of its 2019 and 2021 revolving loan facilities with subsidiary PCL, maintaining the agreements’ validity while amending certain conditions. These changes are considered continuing connected transactions and are subject to various regulatory requirements, including approval from independent shareholders, due to the intricate shareholding structure that connects PCL with Changyou Alliance.
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