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Minsheng Education Secures $15M Loan to Bolster Finances
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Minsheng Education Secures $15M Loan to Bolster Finances

Minsheng Education Group Co. Ltd. (HK:1569) has released an update.

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Minsheng Education Group Co. Ltd. has secured a $15.12 million loan from The Bank of East Asia’s Beijing branch, with a repayment period of three years. The agreement mandates that Li Xuechun, the chairman and largest shareholder, maintains his control over the company. This move is expected to strengthen the company’s financial positioning.

For further insights into HK:1569 stock, check out TipRanks’ Stock Analysis page.

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