HongKong:0711

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.