China Coal Energy's controlling shareholder secures up to 90 million yuan in special loans for share purchases

Corporate Action
โดย 包括自有资金及自筹资金·Read original
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China Coal Energy announced that its controlling shareholder, China Coal Energy Group, recently received a loan commitment letter from the Beijing branch of Industrial and Commercial Bank of China, agreeing to provide special loan support for its purchase of the company's A-shares. The loan amount will not exceed 90 million yuan and will not exceed 90 percent of the actual amount executed under the share purchase plan, with a loan term of no more than three years. The total amount of this share purchase plan ranges from 50 million to 100 million yuan, with the number of shares purchased not exceeding 2 percent of the company's total share capital. The funding sources include both self-owned funds and self-raised funds.

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