CHINA MER PORT (00144) announced on October 30, 2025, that its board of directors has proposed entering into a financing agreement with Terminal Link. Terminal Link is jointly owned by the company's wholly-owned subsidiary Direct Achieve (49%) and CMA Terminals, a wholly-owned subsidiary of CMA CGM (51%).
Under the agreement, CHINA MER PORT will provide a shareholder loan of USD 19.6 million (approximately HKD 153 million) to Terminal Link, with an annual interest rate of 8.25%.
The company stated that its core business includes port and port-related operations. The board believes that providing the shareholder loan will support the business development needs of Terminal Link and KFTL, making the transaction beneficial to the group.
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