Brief: AviChina Industry & Technology's Unit Enters Framework Deal

AviChina Industry & Technology Co

18/03/2020 09:31

March 18 (Reuters) - AviChina Industry & Technology Co Ltd
 2357.HK :
    * UNIT ENTERED FRAMEWORK AGREEMENT WITH AVIC CONSTRUCTION
AND
DEVELOPMENT TECHNOLOGY
    * DAILYBALANCE OF OUTSTANDING ENTRUSTED LOANS UNDER
AGREEMENTSHALL
NOT BE MORE THAN RMB200 MILLION
    * PURSUANT TO AGREEMENT AVIC PLANNING AGREED TO GRANT
THEENTRUSTED
LOANS TO AVIC GEOTECHNICAL AND AVIC CHANGSHA DESIGN
    * AVIC PLANNING TO PROVIDE GUARANTEES TO AVIC GEOTECHNICAL &
AVIC
CHANGSHA DESIGN FOR BUSINESSES WITH BANKS FOR 3 YRS

Source text for Eikon:  ID:nHKS7QzwLq 
Further company coverage:  2357.HK 

 ((Reuters.Briefs@thomsonreuters.com;))