EVA Precision Secures HKD 400 Million Loan from HSBC

Eva Precision Industrial Holdings Limited (HK:0838) has released an update.

EVA Precision Industrial Holdings Limited has secured a HKD 400 million loan from HSBC, contingent on specific performance obligations by its controlling shareholders. These conditions require the shareholders to maintain at least 35% of the company’s share capital and for Zhang Hwo Jie to remain as chairman. A breach of these terms could lead to a default, making the loan immediately payable.

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