Brief: Kasen International Holdings, Hero Time and Haining Home Direct enters into HHD master agreement

Kasen International Holdings

12/09/2016 23:07

Sept 12 (Reuters) - Kasen International Holdings Ltd  0496.HK : 
 * Discloseable transaction in relation to the HHD master agreement; and continuing connected transaction and major transaction in relation to the CCT master agreement  0496.HK  
 * The company, Hero Time and Haining Home Direct entered into the HHD master agreement 
 * Company, the CCT counter guarantors and the cct group entered into the CCT master agreement 
 * Says Haining Home Direct deal for RMB392.20 million 
 * Guarantee by Haining Home Direct will enable Co to operate stably without any material impact on financial position 
 * CCT master agreement for repayment obligations of bank facilities to CCT group in respect of annual caps of up to RMB675.60 million 
 
 * Source text for Eikon  ID:nHKS6jQsyL  
 
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