Haidilao International Extends HK$100 Million Loan Facility to Chair

MT Newswires Live
Oct 12

Haidilao International (HKG:6862) agreed to grant a HK$100 million loan facility to Chairman, CEO, and Controlling Shareholder Zhang Yong.

The facility has a term of one month from drawdown and an interest rate of one-month HIBOR plus 60 basis points, a Monday bourse filing showed.

The unsecured loan will be used for Zhang's personal financial arrangements.

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