Brief: Doyen International Says Unit Entered Into Factoring Agreement
Oct 16 (Reuters) - Doyen International Holdings Ltd
0668.HK :
* UNIT ENTERED INTO FACTORING AGREEMENT
* UNIT AGREED TO PROVIDE FINANCING BEING SECURED BY ACCOUNTS
RECEIVABLE ASSIGNED TO CHONGQING MAOTONG
* DONGRUI AGREED TO PROVIDE FINANCING BEING SECURED BY
ACCOUNTS
RECEIVABLE ASSIGNED TO CHONGQING MAOTONG FOR RMB21.5 MILLION
* ON 12 SEPT, CHONGQING MAOTONG ENTERED INTO FACTORING
AGREEMENT 1
FOR PERIOD OF 1 YEAR FOR RMB9 MILLION
Further company coverage: 0668.HK
((Reuters.Briefs@thomsonreuters.com;))
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