Lippo Limited (HK:0226) has released an update.
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Lippo Limited has announced a loan agreement to provide up to HK$70 million to LAAPL, marking a significant discloseable transaction under Hong Kong’s listing rules. The loan, which includes an interest rate tied to HIBOR, has a maturity period of 36 months, offering potential growth and investment opportunities for both parties involved. This strategic move highlights Lippo’s commitment to expanding its investment portfolio and strengthening joint ventures.
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