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China Industrial Securities Secures US$65 Million Loan Facility

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China Industrial Securities Secures US$65 Million Loan Facility

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China Industrial Securities International Financial Group Ltd. ( (HK:6058) ) has issued an announcement.

China Industrial Securities International Financial Group Limited has entered into a renewed facility agreement with a bank for an uncommitted revolving loan facility of up to US$65 million. The agreement stipulates that Industrial Securities Co., Ltd., the controlling shareholder, must maintain at least a 51% ownership stake in the company to avoid default. This move is significant for the company’s financial operations, ensuring liquidity and stability while maintaining shareholder control.

More about China Industrial Securities International Financial Group Ltd.

China Industrial Securities International Financial Group Limited is a financial services company incorporated in the Cayman Islands. It operates in the financial sector, focusing on providing a range of financial services and products, primarily in Hong Kong.

Average Trading Volume: 8,695,796

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.52B

See more data about 6058 stock on TipRanks’ Stock Analysis page.

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