Ying Li International Real Estate Secures Extension for Loan Agreement

MT Newswires
08 Apr

Ying Li International Real Estate (SGX:5DM) entered a second supplemental deed with China Everbright Finance to amend the terms of their 2023 loan agreement.

Under the new deed, the loan facility was increased to $45.6 million from $42.8 million, and the final maturity date was extended to May 9, 2026, from May 9, 2025.

China Everbright (HKG:0165) is a controlling shareholder in the company with a 72.04% stake, according to a Monday filing with the Singapore Exchange.

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