March 21, 2018 / 1:53 AM / 4 months ago

BRIEF-Beijing Dalong Weiye Real Estate Development and unit to take out loan of up to 800 mln yuan

March 21(Reuters) - Beijing Dalong Weiye Real Estate Development Co Ltd

* Says it and unit plan to take out a loan of up to 800 million yuan from its controlling shareholder, with a term of three years

* Proceeds to be mainly used for project development and working capital supplement

Source text in Chinese:goo.gl/QqpFdg

Further company coverage: (Beijing Headline News)

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