Zijin Mining (02899) plans to provide a shareholder loan of 34.61 million yuan to Songpan Zijin.
Zijin Mining (02899) announced that in order to meet the funding needs for the development of the Songpan Zijin project, the company plans to allocate shares proportionally to participants...
Zijin Mining (02899) announced that in order to meet the funding needs for the development of the Songpan Zijin project, the company plans to provide shareholder loans in the amount of RMB 34.61 million (currency as below) to its associated company, Songpan Zijin (of which the company directly holds 23.8% equity), based on its shareholding ratio. The loan has a term of 5 years with an annual interest rate of 5%.
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