Greater China

Zhongchang Marine provides guarantee to subsidiaries

 

Shanghai: The private Chinese bulk owner, Zhongchang Marine, announced that the company plans to newly add a RMB1bn financing guarantee to its seven subsidiaries.
 
The financing support includes bank financing, bond issues and financial leasing, designed to help the subsidiaries better develop business in 2014, the company said in a statement. [23/01/14]
 
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