Summary by Moomoo AI
Logan Group Limited (the "Company") announced on August 15, 2024 that Qiwai (Hong Kong) Investment Co., Ltd., a project company in which the Company holds a 50% interest, has successfully obtained a refinancing of HKD 8.2 billion. The funds have been used to repay the loan of Kaiyue Project, which is an important overseas asset of the Company. This refinancing is of great significance to the Company's overall overseas restructuring efforts. The Chairman of the Board of Directors of Logan Group, Ji Haipeng, made the announcement.