Kerry Properties (00683.HK): Kerry Shenyang provides a loan with an upper limit of 250 million RMB to Kerry Tianjin.

date
17/05/2025
Wisdom Financial News APP reports that Kerry Properties (00683.HK) announced that on May 16, 2025, Kerry Shenyang (lender, a non-wholly-owned subsidiary of the Company) entered into a cash advance agreement with Tianjin Kerry (borrower, a joint venture established for the Tianjin project). Kerry Shenyang agreed to provide a loan to Tianjin Kerry with a maximum amount of RMB 250 million (approximately HK$271 million) for a period of two years.