Brief: Shandong Weigao Group Medical Polymer Announces Buy-Out Account Receivable Factoring Deal
07/12/2022 09:04
Dec 7 (Reuters) - Shandong Weigao Group Medical Polymer
Co Ltd 1066.HK :
* APPROVED A RESOLUTION ON ENTERING INTO BUY-OUT ACCOUNT
RECEIVABLE FACTORING AGREEMENT
* ANNUAL FACTORING FINANCING QUOTA OF NOT MORE THAN RMB800
MILLION
* DEAL FOR INITIAL TERM OF 1 YEAR COMMENCING FROM DATE OF
SIGNING
WITH PING AN BANK
Source text for Eikon: ID:
Further company coverage: 1066.HK
((Reuters.Briefs@thomsonreuters.com;))
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