Summary by Moomoo AI
Guangdong Investment Limited ("Guangdong Investment") announced on September 4, 2024 that it has accepted a HKD 3,000,000,000 committed term loan financing provided by a bank for general corporate financing needs, including refinancing of existing debts. The term of the loan financing is 364 days and is subject to the terms and conditions set out in the financing letter. The company also commits that its ultimate and beneficial control shareholder, Guangdong Holdings Group Limited ("Hong Kong Guangdong"), will continue to be ultimately and beneficially controlled by the Guangdong Provincial Government and will maintain at least a 51% equity interest in the company. Currently, Hong Kong Guangdong holds approximately 58.26% equity interest in Guangdong Investment. Pursuant to Rule 13.21 of the Listing Rules, Guangdong Investment will continue to disclose the relevant responsibilities in its subsequent interim and annual reports.