Wai Yuen Tong (00897) announced that on December 18, 2023, the company has about 99.8% of the subsidiaries...
According to the Zhitong Finance App, Wai Yuen Tong (00897) announced that on December 18, 2023, Wai Yuantang Pharmaceutical Co., Ltd. (lender), a subsidiary of the company with about 99.8% interest, and Hongan Group (01222) (borrower) signed a revolving loan financing agreement with Hongan Group (01222) (borrower). The lender agreed to grant the borrower a revolving loan facility of no more than HK$100 million for a period of five years, with interest accrued at an annual interest rate of 10%.