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1996 - Redsun Properties News Story

HK$2.69 0.0  0.0%

Last Trade - 9:08am

Sector
Financials
Size
Mid Cap
Market Cap £832.1m
Enterprise Value £4.76bn
Revenue £2.24bn
Position in Universe 1007th / 6094

BRIEF-Redsun Properties Says Unit To Provide Joint Liability Guarantee In Favour Of Minsheng Bank

Tue 28th April, 2020 2:59pm
April 28 (Reuters) - Redsun Properties Group Ltd  1996.HK :
    * UNIT TO PROVIDE JOINT LIABILITY GUARANTEE IN FAVOUR OF
MINSHENG
BANK FOR UP TO RMB650 MILLION TO GUARANTEE REPAYMENT OBLIGATIONS
    * UNIT TO PLEDGE ALL ITS STAKE IN ANHUI XINCHUANG IN FAVOUR
OF
MINSHENG BANK AS SECURITY FOR LOAN

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1P4mYT
Further company coverage:  1996.HK 

 ((Reuters.Briefs@thomsonreuters.com;))
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