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CHINNEY INV: Annual Report 2023/24
Chinney Investments Secures HK$250 Million Loan, Shares Down 4%
Chinney Inv was granted a loan financing of up to HKD 0.25 billion by Chinney Kw.
Chinney Inv (00216) announced that on July 25, 2024, the company entered into a loan agreement with Chinney Kin Wing Holdings Limited (Sakae Holdings Limited (01556)). Chinney KW (lender) agreed to grant the Company (borrower) a loan financing of up to HKD 250 million. The loan shall be for a period of 12 months from the date of withdrawal, with a fixed annual interest rate of 6.0%. The Group will not be required to provide security for the loan. The loan can be extended further on written request by the Company and approval of Chinney KW.
Chinney Alli (00385): Chinney KW plans to provide a maximum loan of 0.25 billion Hong Kong dollars to Chinney Inv.
Chinney Alli Group (00385) and Chinney KW (01556) jointly announced that on July 25, 2024 (...)
Chinney Inv (00216.HK): Chen Yuanqiang is no longer a member of the nomination committee.
On July 5th, Gelunhui announced that starting from July 5th, 2024, Chen Yuanqiang will no longer serve as a member of the nomination committee, while Wang Yan will become a member of the nomination committee. After the above changes, the nomination committee is composed of five members, namely Luo Zhihao (chairman), Fan Weili, Randall Todd Turney, Wang Chengwei and Wang Yan.
Chinney Investments Swings Into Red in Fiscal 2024 Due to Revaluation, Deferred Tax
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