Sun Hung Kai & Co. Limited (00086) said it agreed to make available to a Hong Kong-listed company the loan in the amount of HK$700 million for a term of 9 months at an interest rate of 1.5% per month.
The principal business activities of the borrower are research and development, manufacturing, production, distribution, sales and/or leasing of batteries, battery management systems, battery packs, battery charging equipment, energy storage system and/or other related products or applications and/or electric vehicles and/or their related core components and/or providing solutions or consultation to energy storage and/or various battery or electric vehicle business projects and/or any ancillary businesses.
22/12/2014 13:49
Sun Hung Kai Co (00086) grants HK$700m loan to listed firm
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