Jinan has just released a shanghai stock exchange announcement with potential impact for Triton. it is still cyptic so please read yourself or do your own research before making any investment decisions.
overview
- there is a plan to request a line of credit of no more than 1 billion yuan
- the loan interest rates will be based on bank interest rates and will be negotiated
- information on connected transactions are listed and this includes the agreement made between Jigao International and Triton. an additional two other historical transactions are listed.
- this plan was approved by the Jinan interim board of directors on 29th April and will be submitted to shareholders for a vote.
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