China Tonghai International Financial Limited (HK:0952) has released an update.
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China Tonghai International Financial Limited has extended a banking facility with a principal amount of HK$168,400,000 until December 2025. The extension requires Mr. Kenneth Lam to maintain a controlling interest in Quam Tonghai Holdings Limited, which currently owns 68.05% of the company’s shares. This arrangement emphasizes the importance of maintaining shareholder structure to secure financial agreements.
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