GDH Guangnan (Holdings) Limited (HK:1203) has released an update.
GDH Guangnan (Holdings) Limited has secured a HK$250 million term loan facility to finance its fresh and live foodstuffs business’s working capital and refinance existing debts, with the condition of maintaining majority ownership by Guangdong Holdings and GDH Limited. The loan is for a 364-day term, and the company is bound to continuous disclosure in its financial reports as long as the obligations under the loan agreement persist.
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