Uni-Bio Science Group Ltd. (HK:0690) has released an update.
Uni-Bio Science Group Ltd., a biopharmaceutical company, has provided a loan of RMB5,800,000 to a borrower for research, development, and operations. The loan, secured by two invention patents and coming from internal resources, will span 16 months starting June 1, 2024. This transaction is notable for investors as it exceeds a 0.1% percentage ratio but stays below 5%, requiring announcement and reporting but not independent shareholder approval.
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