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News: CDU CuDECO says entered into two short term loan facility agreements

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    26/06/17
    18:10
    Post #: 25497984

    June 26 (Reuters) - CuDECO Ltd (CDU) :

    • Short term loan agreements to fund US$15m Minsheng repayment
    • Entered into two short term loan facility agreements
    • First agreement is for HKD 80 million (approx. US$10.2 million) and second agreement is for US$4.8m
    • Combined proceeds from loans of US$15m will be applied as full settlement on repayment of US$15 million to China Minsheng Banking Corporation
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