Southwest Securities International Securities Limited (HK:0812) has released an update.
Southwest Securities International Securities Limited has successfully entered into a financing agreement with an independent lender, a key condition in the sale and purchase deal previously announced. This financing is specifically aimed at repaying the SSII Loan, which constitutes a ‘special deal’ requiring approval from shareholders and adherence to the Takeovers Code. Meanwhile, trading of the company’s shares remains suspended as it works to meet the resumption guidance from the Stock Exchange.
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