Tianjin Capital Environmental Protection Group Co (HK:1065) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Tianjin Capital Environmental Protection Group Co has approved a loan of up to RMB40 million to its connected subsidiary, HBGJTC, for replenishing working capital. The loan agreement includes a fixed interest rate of 5% per annum, with terms of three years and one year for different portions of the loan. This connected transaction is subject to reporting requirements under the Hong Kong Listing Rules.
For further insights into HK:1065 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ZMI, TBAL: 2 Canadian Balanced ETFs to Shield Your Returns
- Class Action Lawsuit Against Paragon 28, Inc. (NYSE:FNA)
- 3 Penny Stocks to Watch Now, 11/29/24
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
