China Industrial Securities International Financial Group Ltd. (HK:6058) has released an update.
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China Industrial Securities International Financial Group Ltd. has renewed a US$35 million uncommitted revolving loan facility, ensuring financial flexibility for the company. The agreement stipulates that Industrial Securities, the controlling shareholder, must maintain at least 51% ownership to avoid default. This move highlights the company’s strategic financial planning and reliance on its major shareholder’s support.
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