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Beijing Enterprises Secures $30M Credit Facility

Beijing Enterprises Secures $30M Credit Facility

Beijing Enterprises Environment Group Limited (HK:0154) has released an update.

Confident Investing Starts Here:

Beijing Enterprises Environment Group Limited has announced the acceptance of a US$30 million Credit Facility from a bank, with a one-year term and conditions that include maintaining a minimum 50% shareholding by Beijing Enterprises Holdings Limited. The company is currently compliant with this requirement, holding approximately 50.4% of shares. They have committed to ongoing disclosure in line with the Listing Rules as the situation persists.

For further insights into HK:0154 stock, check out TipRanks’ Stock Analysis page.

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