Brief: Xinjiang Xinxin Mining Industry updates on transaction in relation to provision of guarantee
05/04/2017 11:51
April 5 (Reuters) - Xinjiang Xinxin Mining Industry Co Ltd
3833.HK
* On 1 april 2017, company, as a guarantor, entered into
guarantee agreement in favour of bank
* Loan will be utilised for supplementing working capital of
hami hexin
* Agreed to provide guarantee, for due performance of
repayment obligations of Hami Hexin to bank up to rmb15.5 mln
* Co to provide guarantee, in proportion to equity holding
in Hami Hexin, for due performance of repayment obligations of
Hami Hexin
Source (http://bit.ly/2nJlYIm)
Further company coverage: 3833.HK
((Bangalore.newsroom@thomsonreuters.com;))
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