CHINA MER PORT will provide a shareholder loan of USD 19.6 million to Terminal Link
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
According to the Zhitong Finance APP, China Merchants Port (00144) announced that on October 30, 2025, the company's board of directors proposed to enter into a financing agreement with Terminal Link, which is directly owned 49% by the company's wholly-owned subsidiary Direct Achieve and 51% by CMA CGM's wholly-owned subsidiary CMA Terminals. The company will provide Terminal Link with a shareholder loan of USD 19.6 million (equivalent to approximately HKD 153 million), with an interest rate of 8.25% per annum.
The announcement stated that the group's core business includes port and port-related operations. The directors believe that providing shareholder loan financing to Terminal Link will support the business development needs of Terminal Link and KFTL, and therefore, such transactions are beneficial to the group
