Brief: SOCAM Development updates on funding for Dalian Project
31/12/2015 11:12
Dec 31 (Reuters) - SOCAM Development Ltd 0983.HK :
* Discloseable and connected transactions - further funding for Dalian project
0983.HK
* Says jv shareholders entered into the contribution agreement with richcoast
* Says innovate zone has entered into a financial support agreement with richcoast
* Jv shareholders agreed to provide additional funding to Dalian group by way of shareholders' loans of RMB781 million for Dalian project
* Says innovate zone agreed to provide to richcoast the unilateral loan in an amount up to RMB240 million
* Source text for Eikon ID:nHKSccxm2Q
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