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Minsheng Education Group Co. Ltd. ( (HK:1569) ) just unveiled an announcement.
Minsheng Education Group Co. Ltd. announced that it has entered into a facility letter with China CITIC Bank International Limited for a revolving loan of up to RMB300 million. This financial arrangement requires that the company’s chairman, Mr. Li Xuechun, maintains a minimum shareholding control of 51%, ensuring stability in the company’s leadership and potentially impacting its financial strategy and stakeholder confidence.
More about Minsheng Education Group Co. Ltd.
Minsheng Education Group Co. Ltd. is a company incorporated in the Cayman Islands, focusing on the education sector. It is listed on the Hong Kong Stock Exchange and is primarily involved in providing educational services.
Average Trading Volume: 1,037,084
Technical Sentiment Signal: Sell
Current Market Cap: HK$691.7M
Find detailed analytics on 1569 stock on TipRanks’ Stock Analysis page.