Dalian Port provides credit facility to subsidiary

Dalian: Dalian Port Holdings announced that the board of the company has agreed to provide RMB500m credit facility to its subsidiary Dalian Port Oils and Grain Trading Co.

Dalian Port said the subsidiary’s business contributed a lot in the port’s throughput volume and logistics business, the board has decided to provide the credit facility to the subsidiary to help it further expand its business. [18/03/14]

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