Brief: New Silkroad Culturaltainment says Macrolink has entered into a financial arrangement with a licensed bank in Hong Kong
03/11/2016 12:06
Nov 3 (Reuters) - New Silkroad Culturaltainment Ltd
0472.HK -
* Macrolink has entered into financial arrangement
* Macrolink will pledge (i) 841.2 million shares and (ii)
336.5 million offer shares under agreement
* Deal in relation to provision of syndicated term loan
facilities to Macrolink for purpose of funding open offer.
* Macrolink has entered into financial arrangement with a
licensed bank in hong kong
Source text (http://bit.ly/2eCXr3b)
Further company coverage: 0472.HK
((Bangalore.newsroom@thomsonreuters.com;))
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