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Tian An China Investments Co ( (HK:0028) ) has shared an announcement.
Tian An China Investments Co (TACI) has entered into a financial arrangement involving a series of loans and guarantees. On January 22, 2025, TACI, through its subsidiary Sino Trader, agreed to provide a loan of up to RMB260 million to a joint venture company in which it holds a 60% stake. This financial assistance is part of a broader agreement where TACI also provided a guarantee for the Project Company’s obligations up to RMB300 million, and a shareholder’s loan amounting to RMB73.9 million. These transactions are classified as discloseable under Hong Kong’s Listing Rules, impacting TACI’s financial positioning and requiring public announcement but not shareholder approval.
More about Tian An China Investments Co
YTD Price Performance: 4.82%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $864M
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