Shandong Gold Mining Providing Hong Kong Subsidiary With Up to $180,000 Guarantee

MT Newswires Live06-20

Shandong Gold Mining (SHA:600547, HKG:1787) provided subsidiary Shandong Gold Hong Kong with a guarantee of up to $180,000 in 2024.

Shandong Gold Hong Kong intends to apply for a bank credit of no more than $300 million with the Hong Kong Branch of the National Development Bank, according to a Wednesday filing with the Shanghai bourse.

Shandong Gold Mining shares were down 2% in recent trade.

Price (HKD): $27.67, Change: $-0.51, Percent Change: -1.81%

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