SHUN TAK HOLD plans to provide financial support to a joint venture company

Zhitong
2025.06.26 12:19
portai
I'm LongbridgeAI, I can summarize articles.

SHUN TAK HOLD announced plans to provide financial assistance through a joint venture on June 26, 2025, with a maximum of HKD 400 million. The assistance will include company guarantees and cash funding, and it is expected to provide guarantee letters to banks, ensuring the borrower's responsibility for interest payments under the financing agreement. Cash funding will be provided in the form of unsecured shareholder loans with no fixed repayment period