SH GROUP HLDG plans to continue receiving financing from a bank
SH GROUP HLDG announced that its wholly-owned subsidiary, SH GROUP Electromechanical Engineering Co., Ltd., has obtained financing of up to HKD 80 million from a bank, and the previous financing has been revised to a maximum of HKD 150 million. The bank has agreed to continue providing financing, which has no fixed term and is subject to the bank's periodic review. The relevant financing letter was signed on May 19, 2025
According to the announcement from SH GROUP HLDG (01637), the company has received a general bank financing of up to HKD 80 million granted by a bank to its indirectly wholly-owned subsidiary, SH Group Electromechanical Engineering Co., Ltd. (as the borrower); and regarding the amendment of the previous financing to a total amount of up to HKD 150 million for the borrower.
The bank has agreed to continue providing this financing to the borrower based on its regular review. This financing does not have a fixed term but is subject to the bank's periodic review. The bank financing letter related to this financing was signed on May 19, 2025
