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gwpa holdings (00583.HK) entered into a committed term loan financing agreement with banks for a total of 1.7 billion yuan.
gwpa holdings (00583.HK) announced that the company and its subsidiaries entered into two committed term loan financing agreements with a bank on April 26 this year, with a total principal limit of 1.7 billion yuan, with terms of one year and five years respectively. (vc/k)~
gwpa holdings (00583) violated by failing to report two loan contracts, with a total upper limit of 1.7 billion yuan.
Jingu Financial News | gwpa holdings (00583) announced that earlier than April 26th, as a guarantor, entered into two loan contracts with its wholly-owned subsidiary Ding Huang as the borrower and a banks. The total loan ceiling is 1.7 billion yuan, but violated the announcement requirements under Article 13.18 of the listing rules. The company stated that the loans include a 1-year committed term loan financing with a maximum principal amount of 0.85 billion yuan (with a term of 364 days from the date of the loan contract), and a 5-year committed term loan financing with a maximum principal amount of 0.85 billion yuan. The company stated that the violation was due to unintentional negligence.
GWPA HOLDINGS: 2024 INTERIM REPORT
GWPA HOLDINGS: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Great Wall Pan Asia's Profit to Plunge 97% in H1
The gwpa holdings (00583.HK) is expected to have a significant decrease of 97% in comprehensive profit in the first half of the year.
GWPA Holdings (00583.HK) issued a profit warning. For the six months ended June 30, 2024, it is expected to have a net profit of approximately 4.29 million yuan to 4.74 million yuan, with basic earnings per share of approximately 0.27 cents to 0.3 cents, representing a decrease of approximately 97% compared to the previous year, mainly due to a decrease in the share of profits from a joint venture during the period. (ca/u)~
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