CR Cement receives HK$300 million loan facility

Byswb

Updated Wed, 21 Jul 2010 00:00:00 GMT

China Resources Cement (HKG:1313) as borrower entered into a facility agreement relating to a HK$300 million 3-year term loan facility with a bank.
 
Pursuant to the Facility Agreement, it shall be an event of default if CRH ceases to own (whether directly or indirectly) at least 35% of the issued share capital of the Company except with the written consent of the Lender.