Brief: China Oceanwide updates on loan agreement with China Oceanwide Property
Sept 7 (Reuters) - China Oceanwide Holdings Ltd 0715.HK : * China Oceanwide entered into a loan agreement with China Oceanwide property holdings limited * China Oceanwide agreed to make available to China Oceanwide ppt an unsecured facility line of aggregate amount of US$300 million * Intends to utilise loan mainly for payment of the consideration for the acquisition of three parcels of land * Source text for Eikon ID:nHKS43r4Kc * ((Further company coverage: 0715.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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