Interested Person Transaction::WORKING CAPITAL LOAN AGREEMENT WITH TIANJIN PHARMACEUTICAL GROUP FINANCE CO., LTD

Issuer & Securities

Issuer/ Manager
TIANJIN ZHONG XIN PHARM GROUP
Securities
TIANJIN ZHONG XIN PHARM GROUP - CNE100000924 - T14
Stapled Security
No

Announcement Details

Announcement Title
Interested Person Transaction
Date &Time of Broadcast
11-Nov-2016 17:21:48
Status
New
Announcement Sub Title
WORKING CAPITAL LOAN AGREEMENT WITH TIANJIN PHARMACEUTICAL GROUP FINANCE CO., LTD
Announcement Reference
SG161111OTHRSC0F
Submitted By (Co./ Ind. Name)
Jiao Yan
Designation
Secretary to the Board
Description (Please provide a detailed description of the event in the box below)
WORKING CAPITAL LOAN AGREEMENT WITH TIANJIN PHARMACEUTICAL GROUP FINANCE CO., LTD

Additional Details

Interested Person Details
The board of Directors of Tianjin Zhong Xin Pharmaceutical Group Corporation Limited, wishes to announce that the Company proposes to enter into a Working Capital Loan Agreement with Tianjin Pharmaceutical Group Finance Co., Ltd ("TPGF ). The principal amount of the loan to be provided by TPGF to the Company will be an approximate sum of RMB 50 million.

Attachments