Min Xin Group (00222) announced that on August 30, 2024, the company, as the borrower, signed a loan agreement with a bank...
Wisdom Financial APP News, Min Xin Group (00222) announced that on August 30, 2024, the company, as the borrower, signed a loan agreement with a bank (banks) as the lender to provide the company with a non-committed revolving credit limit (credit limit) with a maximum limit of HKD 0.1 billion. The bank reserves the right to refuse to make loans without prior notice, can cancel the credit limit at any time and does not allow further drawdowns under the credit limit, announces the immediate and complete repayment of the credit limit, including accrued interest and all other accrued or unpaid amounts under the credit limit, and may declare the immediate and complete repayment of the entire or any part of the credit limit. The bank may immediately modify, terminate, cancel, revoke, or suspend the credit limit at any time, or change the terms of use of the credit limit without the consent of either party and without being subject to any conditions.