Brief: China VAST updates on loan for reconstruction project in Hebei province

CIG ShangHai Co

30/06/2016 01:28

June 29 (Reuters) - China VAST Industrial Urban Development Co Ltd 
 6166.HK : 
 * Discloseable and connected transactions relating to the entrusted loan for a 
   reconstruction project in langfang, Hebei province  6166.HK  
 * Says entrusted loan will be in the amount of RMB999.3 million 
 * Entrusted loan is granted to sheng shi tonghui for a 5-year term at an 
   interest rate of 8.2% per annum 
 * China vast industrial urban development -co, sheng shi tonghui, langfang 
   vast, langfang city property and pingan uob entered into cooperation 
   framework agreement 
 * Industrial urban- purpose of loan to providing funding for payment of costs 
   associated with the reconstruction project at longhe hi-tech industrial park 
 
* Source text for Eikon  ID:nHKSbkN4M8  
 
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