2 stories mentioning SHE:002183Updated 38m ago
Every FINWIRES story that references SHE:002183, newest first.
Eternal Asia Supply Chain Management (SHE:002183) will sell a 36% stake in subsidiary Xinjingshuo (Shanghai) Technology to Ningyao Investment Partnership for 205 million yuan, according to a Tuesday filing with the Shenzhen bourse.The sale comes after the shares were bid out through a public listing on the Shenzhen United Property Exchange, with Ningyao Investment Partnership winning the bid.
Eternal Asia Supply Chain Management (SHE:002183) and its subsidiaries will borrow up to 1.8 billion yuan from controlling shareholder Shenzhen Investment Holdings, according to a Saturday disclosure to the Shenzhen bourse.The loan will have a 12-month term and an interest rate based on the one-year loan prime rate with a floating point of minus 50 basis points.The supply chain management company will use the proceeds to boost working capital and repay maturing bank loans, bank acceptance bills, and business maturities.
