
CHINA MER PORT will provide a shareholder loan of USD 19.6 million to Terminal Link

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CHINA MER PORT announced that it will provide a shareholder loan of USD 19.6 million to Terminal Link, with an interest rate of 8.25% per annum. The financing agreement is jointly owned by the company's wholly-owned subsidiary Direct Achieve and CMA CGM's wholly-owned subsidiary CMA Terminals. The board believes that this loan will support the business development of Terminal Link and KFTL, which is beneficial to the group
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