Changyou Alliance Schedules EGM for Loan Facility Approvals

Changyou Alliance (HK:1039) has released an update.

Changyou Alliance Group Limited has announced an Extraordinary General Meeting (EGM) scheduled for August 14, 2024, to seek approval for two conditional supplemental facility agreements that could allow for revolving loan facilities up to HK$100 million each to PCL. Shareholders will consider ratifying these agreements, which modify existing 2019 and 2021 facility terms, and authorize directors to execute necessary actions to implement the agreements. The EGM will take place in Wan Chai, Hong Kong, with provisions for proxy voting.

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