Sinotrans International Holdings (00111.HK): Entered into and amended financing agreements.

date
26/06/2026
Wisdom Financial News App reports that Xin Da International Holdings (00111.HK) has announced that the company has entered into a supplemental financing letter concerning a HK$3 billion revolving loan financing with a licensed bank in Hong Kong. On June 26, 2026, the company, as the borrower, confirmed the acceptance of a revised financing letter dated June 25, 2026, from the bank (the revised financing letter), whereby the bank has agreed to increase the existing loan financing to a maximum of HK$5 billion (or equivalent in US dollars / Renminbi / Euros) in uncommitted revolving loan financing in accordance with the terms and conditions of the revised financing letter, and has made revisions to the specific performance obligations of the company's controlling shareholders. The bank will periodically review the revised loan financing. The revised financing letter will replace the bank's previous financing letters and arrangements related to the existing loan financing provided to the company.