Brief: Kingold Jewelry Inc's Unit Enters Trust Loan Agreement

Kingold Jewelry

15/12/2017 15:36

Dec 15 (Reuters) - Kingold Jewelry Inc  KGJI.O : 
    * SAYS ON DEC 1, CO'S UNIT ENTERED INTO A TRUST LOAN 
AGREEMENT  OF 
RMB 1 BILLION  WITH ZHESHANG JINHUI TRUST 
    * SAYS EACH TRANCHE OF TRUST LOAN HAS A 24-MONTH TERM, 
STARTING 
FROM ISSUANCE DATE OF EACH TRANCHE - SEC FILING 
    * SAYS STATED PURPOSE OF TRUST LOAN IS PURCHASING STANDARD 
GOLD 
RAW MATERIAL WITH FINENESS OF 999.9 
 
Source text : [http://bit.ly/2kxizfa] 
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