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BRIEF-Tongda Group as borrower enters agreement
September 25, 2017 / 10:39 AM / 3 months ago

BRIEF-Tongda Group as borrower enters agreement

Sept 25 (Reuters) - Tongda Group Holdings Ltd:

* Co as borrower, guarantors, HSBC as coordinator and agent, and other lenders entered into agreement

* Term loan facility agreement for up to a principal amount of HK$400 million, for a term of three years

* Under agreement, Wang Ya Nan will cease to be chairman of company Source text for Eikon: Further company coverage:

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