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Min Xin Holdings Secures HK$130 Million Loan Facility

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Min Xin Holdings Secures HK$130 Million Loan Facility

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Min Xin Holdings Limited ( (HK:0222) ) has issued an announcement.

Min Xin Holdings Limited has entered into a facility agreement with a bank for an uncommitted revolving loan facility of up to HK$130,000,000. The agreement requires Fujian Investment & Development Group Co., Ltd., the controlling shareholder, to maintain at least 50% ownership and management control of the company. Breach of this condition will result in immediate repayment of the loan.

More about Min Xin Holdings Limited

Average Trading Volume: 227,418

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.28B

See more data about 0222 stock on TipRanks’ Stock Analysis page.

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