Yuexiu Property Co. Ltd. announced that its wholly-owned subsidiary, Leading Affluence Limited, has entered into a new facility agreement with a bank for a revolving loan facility of HK$500 million. The facility has a term of 364 days from the date of the agreement and is guaranteed by Yuexiu Property Co. Ltd. Under the terms of the agreement, an event of default will occur if Yue Xiu Enterprises (Holdings) Limited, the controlling shareholder, reduces its direct or indirect shareholding in the company below 30%, ceases to be the single largest beneficial shareholder, or loses effective management control. As of the announcement date, Yue Xiu holds approximately 44% of the issued shares of the company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yuexiu Property Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11973898), on December 31, 2025, and is solely responsible for the information contained therein.
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