Shandong Gold (01787) announced that Shandong Gold Mining (Hong Kong) Co., Ltd. is a wholly-owned subsidiary of the company established in Hong Kong...
Zhitong Finance App News, Shandong Gold (01787) announced that Shandong Gold Mining (Hong Kong) Co., Ltd. is a wholly-owned subsidiary established by the company in Hong Kong. In order to meet the capital requirements of the Hong Kong company and its subsidiaries such as production and operation, stock financing maturity replacement and capital expenditure, and to make effective use of overseas capital markets, it is proposed to sign a “Comprehensive Credit Grant Contract” with Bank of Communications (Hong Kong) Limited. According to the agreement, Bank of Communications (Hong Kong) Co., Ltd. will provide a one-year revolving loan of 30 million US dollars to the Hong Kong company. Funding maturity replacement and capital expenditure.