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Article: CHINA'S MINMETALS CONSTRUCTION GETS US$440 MLN CREDIT LINE.

Article from:
AsiaPulse News
Article date:
November 13, 2009
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BEIJING, Nov 13 Asia Pulse - Minmetals Construction Ltd (SEHK:0230) announced Thursday to have signed agreement with China Merchants Bank (SSE:600036), under which the bank will grant it a complex credit line of three billion yuan (US$439.5 million) in the next two years.

Minmetals Construction will use the money mainly for more land reserves.

Meanwhile, China Merchants Bank will give financial services and support to the ...

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