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shanghai ind h (00363.HK) subsidiary Yongfa Printing and Shang Yao shares signed a procurement framework agreement.
On October 29, Grong Hui announced that Shanghai Ind H (00363.HK) entered into a purchasing framework agreement with its indirect non-wholly-owned subsidiary Yongfa Printing and Shangyi Pharmaceutical on October 29, 2024, with a duration of one year. According to the purchasing framework agreement, any member company of the Yongfa Group may enter into separate agreements with any member company of Shangyi Pharmaceutical Group to provide pharmaceutical printing packaging materials, but must comply with the annual upper limit of the procurement amount.
Shanghai Industrial Holdings Limited's (HKG:363) Shares Lagging The Market But So Is The Business
Shanghai Industrial Unit to Grant Two Loans to JV Firm
shanghai ind h (00363.HK) intends to provide loans to joint ventures.
gelonghui September 25th, Shanghai Industrial Holdings (00363.HK) announced that on September 25, 2024, SIHL Finance (a wholly-owned subsidiary of the company) and a joint venture (jointly owned by Shangshi Infrastructure (a wholly-owned subsidiary of the company) and Shanghai Overseas (BVI), each holding 50% of its issued share capital) entered into Loan Agreement IV. Under this agreement, SIHL Finance agreed to lend and the joint venture agreed to borrow a principal amount not exceeding 0.45 billion Hong Kong dollars or the equivalent in Renminbi for loan IV, with a repayment date of September 29, 2025. On the same day,
Express News | Shanghai Industrial - Sihl Finance to Lend Principal Amount of No More Than HK$450 Mln
Express News | Discloseable Transaction - Provision of Loans to Jv Company
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