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BRIEF-Nanjing Putian Telecommunications to apply for entrusted loan from controlling shareholder
October 16, 2017 / 11:56 AM / 2 months ago

BRIEF-Nanjing Putian Telecommunications to apply for entrusted loan from controlling shareholder

Oct 16(Reuters) - Nanjing Putian Telecommunications Co Ltd

* Says co plans to apply for entrusted loan of 70 million yuan from controlling shareholder, an information industry firm, with loan term of one year

* Says loan will be used for co’s production and management activities

Source text in Chinese: goo.gl/4rSZGd

Further company coverage: (Beijing Headline News)

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