Carrianna (HKG:0126) and Choice Investment agreed to jointly and severally guarantee up to HK$258.3 million in term loan facilities for Max Win Development (HK), a joint venture-related borrower, to fund property development.
The facilities were provided by Taiwan-based commercial bank O-Bank (TPE:2897) through its Hong Kong branch, according to a Tuesday Hong Kong bourse filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.