Tianjin Capital Environmental Protection Group Co (HK:1065) has released an update.
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Tianjin Capital Environmental Protection Group Co has approved a loan of up to RMB40 million to its connected subsidiary, HBGJTC, for replenishing working capital. The loan agreement includes a fixed interest rate of 5% per annum, with terms of three years and one year for different portions of the loan. This connected transaction is subject to reporting requirements under the Hong Kong Listing Rules.
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