Minmetals Land Secures HK$780 Million Revolving Loan Facility from Bank
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Minmetals Land Limited has secured a HK$780 million revolving loan facility from a bank, with conditions requiring China Minmetals Corporation to maintain at least 51% ownership and management control. Breach of these conditions allows the bank to demand full repayment. CMC currently holds 61.88% of the company's shares. The company commits to ongoing disclosure per Hong Kong Listing Rules.
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