Fountain Set signs HK$300 mln 5-year convertible loan with bank

Fountain Set (Holdings) (0420) announced it had signed a 5-year convertible
 loan valuing HK$300 mln with the bank on June 21, which will be used to repay
 the current loans and used for liquid capital. Pursuant to the loan agreement
, Ha Chung Fong, chairman of the company should hold at least 35% shareholding
 and should hold the biggest part of the shareholding of the company. Fountain

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