CR Construction Secures HKD100M Credit Facility

CR Construction Group Holdings Limited (HK:1582) has released an update.

CR Construction Group Holdings Limited has announced a newly secured credit facility of HKD100,000,000 for corporate funding, with a maturity date within 12 months or by September 2025. The agreement stipulates that Zhejiang Construction must remain as a major shareholder with at least a 51% stake in the borrowing entity. The company will provide ongoing disclosure in future financial reports as required by the Hong Kong Stock Exchange Listing Rules.

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