AviChina Industry & Technology Co logo

2357 - AviChina Industry & Technology Co News Story

HK$4.84 -0.1  -1.0%

Last Trade - 9:08am

Sector
Industrials
Size
Large Cap
Market Cap £3.43bn
Enterprise Value £4.40bn
Revenue £5.51bn
Position in Universe 399th / 6100

BRIEF-AviChina Industry & Technology's Unit Enters Framework Deal

Wed 18th March, 2020 9:31am
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;))
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