DESUN SERVICES: Green Property and Bangtai Yue Shang plan to provide a total principal amount of no more than 320 million yuan in shareholder loans to Chengdu Bangtai
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DESUN SERVICES announced that Green Property and Bangtai Yue Shang will provide shareholder loans of up to 320 million yuan to Chengdu Bangtai Jincheng Real Estate Co., Ltd., with a term of one year. The loans will be provided by the two companies, each offering up to 160 million yuan, and are unsecured loans aimed at supporting the development project of the target land. The board of directors believes that the terms of the loan agreement are fair and reasonable, in line with the overall interests of the company and its shareholders
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