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Article: COMBA TELECOM SYSTEMS TO GAIN USD15MN LOANS

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AsiaInfo Services
Article date:
September 3, 2009
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AsiaInfo Services
09-03-2009
Comba Telecom Systems to Gain USD15mn Loans

GUANGZHOU, Sep 03, 2009 (SinoCast Daily Business Beat via COMTEX) -- Comba Telecom Systems Holdings Ltd. (SEHK: 2342) will gain USD 15 million loans, the Chinese manufacturer of mobile communications equipment announced in its financial report on September 2, 2009.

It had gotten USD 85 million loans from the companies like The Hong Kong and Shanghai Banking Corporation Ltd. (HSBC) previously, and in this round fundraising, it will borrow from CITIC Ka Wab Bank Ltd. (SEHK: 0183), Industrial Bank of Taiwan, and Hang Seng Bank (SEHK: 0011).

Notably, Comba Telecom earned a revenue of HKD 1.767 billion in the first half ...

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