Seacon Shipping Group Holdings Ltd. (HK:2409) has released an update.
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Seacon Shipping Group Holdings Ltd., a Cayman Islands-based company, has announced the provision of a new guarantee by its subsidiary, amounting to approximately RMB48.5 million, to secure payment obligations under a Finance Lease Agreement. This transaction follows two previous guarantees made in April and May 2024, totaling RMB25,278,000 and RMB43,200,000. The recent guarantee has elevated the transaction to a discloseable level under the Listing Rules, triggering mandatory reporting and announcement obligations.
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