China Construction Bank (Asia)

Asia Allied Infrastructure Concludes HK$1.1 Billion 3-Year Term Loan Agreement

Retrieved on: 
Tuesday, March 14, 2023
China Construction Bank (Asia), Rest, AAI, Bank of Shanghai, Chun, Bank, Motherboard, Bank of East Asia, Chong Hing Bank, CMB, Main Board for Serb Liberation, Hong Kong Stock Exchange, Financial services, Property management, Limited

HONG KONG, Mar 14, 2023 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure", "AAI", or "the Group") (stock code: 00711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks.

Key Points: 
  • HONG KONG, Mar 14, 2023 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure", "AAI", or "the Group") (stock code: 00711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks.
  • Part of the loan will be used to refinance the loan portfolio of the Group, while the rest will be used to support future operations and development.
  • Mr. Dominic Pang, Chairman of Asia Allied Infrastructure, said, "We would like to express our sincere appreciation to the banks for their continual trust and support to AAI, it means a lot to us.
  • Asia Allied Infrastructure Holdings Limited (stock code: 00711.HK)
    Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure") is listed on the Main Board of the Hong Kong Stock Exchange under stock code 00711.

Global Biometric Card Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Monday, January 10, 2022
Technology, Professional Services, Security, Finance, Face, Technology, Terminal, IDEX Biometrics, Mark (given name), Total, TAM, Growth, Fingerprint Cards, Atmosphere, NFC, EMV, CCB, ATM, DCEP, POS, PIN, Software, Hospital, Smartphone, China Construction Bank (Asia), Online shopping, Payment card

With a fingerprint sensor on the card body itself, paying with an EMV card is more effortless than ever before.

Key Points: 
  • With a fingerprint sensor on the card body itself, paying with an EMV card is more effortless than ever before.
  • Another major benefit of using biometric payment is that it removes the cap or limit on contactless payment transactions.
  • The fingerprint data captured by the biometric sensor is securely stored in the secure chip of the card.
  • Furthermore, the company stated an increasing desire for card transactions among Japanese consumers, who seek touchless, secure, and frictionless payment methods.