GUANGDONG INV secures HK$1.75 billion revolving credit facility with government-control covenants

Bulletin Express10-15

Guangdong Investment Limited (GUANGDONG INV) has accepted a committed revolving loan facility of HK$1.75 billion from a commercial bank, according to an announcement made on 15 October 2026. The facility carries a tenor of 364 days from the first utilisation date and will be applied to the company’s general working-capital needs.

Key covenants require the company to ensure: 1) GDH Limited, its immediate controlling shareholder, remains ultimately and beneficially controlled and majority-owned—directly or indirectly—by the Guangdong Provincial People’s Government; and 2) GDH Limited continues to hold at least 51% of GUANGDONG INV’s issued share capital.

Any breach of these undertakings would render all outstanding amounts under the facility immediately due and payable.

As of the announcement date, GDH Limited owns approximately 58.26% of GUANGDONG INV and is ultimately controlled by the Guangdong Provincial People’s Government.

The company will provide ongoing disclosure of these obligations in its interim and annual reports in accordance with Hong Kong Listing Rule 13.21.

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