1. Home
  2. Press release
Jun 15, 2011 18:38 JST

Source: GDH Limited

GDH Secures USD536 Million Equivalent Dual Currency Four-year Term Loan Facility

HONG KONG, Jun 15, 2011 - (ACN Newswire) - GDH Limited ("GDH" or the "Group") announced that it has successfully secured a USD536 million equivalent dual currency four-year term loan facility from a syndicate of banks with the signing ceremony held today.

The participating banks include ICBC Asia, Dah Sing Bank, Hang Seng Bank, Maybank (Hong Kong Branch), United Overseas Bank, Wing Lung Bank, The Bank of East Asia, DBS Bank and Standard Chartered Bank (Hong Kong). The USD536 million equivalent four-year term loan will be used for the Group's general working capital, project or equity acquisitions.

Mr. Huang Xiaofeng, Chairman of GDH, expressed that he was very delighted that this syndicated loan had received an overwhelming response, which demonstrated the recognition of the banking sector of the good reputation of GDH and their strong confidence in the prospects of the Group's businesses. The loan not only enabled GDH with sufficient fund to capture market opportunities in a timely manner, but also accelerated the development of the Group to become a world-class conglomerate, providing a boost for its long-term growth.

Contact:
GDH Limited
Director and Financial Controller
Mr. Ricky Li
Tel: +852 2852 9288

Strategic Financial Relations (China) Limited
Ms. Esther Lau 
Tel: +852 2864 4845 
Email: esther.lau@sprg.com.hk

Ms. Janice Au 
Tel: +852 2864 4874 
Email: janice.au@sprg.com.hk

Ms. Phoebe Wu 
Tel: +852 2114 4960 
Email: phoebe.wu@sprg.com.hk

Fax: +852 2527 1271
Source: GDH Limited
Sectors: Daily News

Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Latest Release


Mitsubishi Heavy Industries Continues Order Intake, Revenue, and Profit Growth in Strong First Half, Raises Full-Year Order Intake Guidance
Nov 05, 2024 14:37 JST

Eisai's Corporate Venture Capital Subsidiary, Eisai Innovation, Inc., Selected for AMED's 'Strengthening Program for Pharmaceutical Startup Ecosystem"
Nov 05, 2024 11:35 JST

Asahi Kasei and Honda Sign Shareholders' Agreement to Convert Existing Asahi Kasei Subsidiary into Joint Venture for Production of Lithium-ion Battery Separators in Canada
Nov 04, 2024 14:12 JST

Joby Aviation and Toyota Accelerate Efforts to Realize Air Mobility
Nov 04, 2024 09:36 JST

Eisai Completes Rolling Submission to US FDA for LEQEMBI(R) (lecanemab-irmb) Biologics License Application for Subcutaneous Maintenance Dosing for the Treatment of Early Alzheimer's Disease Under the Fast Track Status
Nov 01, 2024 13:56 JST

All-New Triton Wins Golden Award at VMARK Vietnam Design Awards 2024
Nov 01, 2024 12:43 JST

Fujitsu's groundbreaking computing technology for accelerating scientific computing wins Japan Patent Office Commissioner's Award
Nov 01, 2024 12:24 JST

Fujitsu and AMD to begin strategic partnership to develop more sustainable computing infrastructure intended to accelerate open-source AI initiatives
Nov 01, 2024 10:45 JST

Mazda Launches Redesigned Corporate Website
Oct 31, 2024 17:06 JST

NTT and Toyota Motor Corporation agree to joint initiative in the field of mobility and AI/telecommunications with the aim of realizing a society with zero traffic accidents
Oct 31, 2024 16:34 JST

All-New Triton Wins Golden Award at VMARK Vietnam Design Awards 2024
Oct 31, 2024 16:08 JST

Eisai Presents Data on Benefits of Long-Term Administration of Dual-Acting Lecanemab at the 17th Clinical Trials for Alzheimer's Disease (CTAD) Conference
Oct 31, 2024 13:56 JST

Eisai Presents Latest Clinical Findings Suggesting Inhibition of Tau Propagation by Anti-MTBR Tau Antibody E2814 at the 17th Clinical Trials on Alzheimer's Disease Conference (CTAD)
Oct 31, 2024 11:33 JST

Mazda Production and Sales Results for September 2024 and for April through September 2024
Oct 30, 2024 17:09 JST

Suzuki and Toyota to Deepen Collaboration in the Field of Electrified Vehicles
Oct 30, 2024 16:14 JST

Fujitsu and Morinaga Milk Industry jointly develop a simulation system for raw material price fluctuations, speeding up decision-making
Oct 30, 2024 13:43 JST

DOCOMO to Participate in Virtual Expo at Expo 2025 Osaka, Kansai, Japan
Oct 30, 2024 12:47 JST

ULVAC Launches Technology Center PYEONGTAEK for Next-Gen Semiconductor Manufacturing Equipment in South Korea
Oct 30, 2024 11:00 JST

Fujitsu and Linius partner to unlock the power of video worldwide
Oct 29, 2024 19:53 JST

DENSO and U.S. Startup Quadric Sign Development License Agreement for AI Semiconductor (NPU)
Oct 29, 2024 13:03 JST
 More Latest Release >>