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ChinaScope Financial
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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • PSHGY.PK Secures USD 50 Mn Loan Facility 0 comments
    Mar 27, 2013 12:36 AM | about stocks: PSHGY

     

    Prepared by ChinaScope Financial | Source: Company Disclosure
    • Pou Sheng International Holdings Ltd. (03813: HKG) announced that it entered into a facility letter with Australia and New Zealand Banking Group Ltd. (ANZ) on March 26. According to the agreement terms, ANZ will provide the company with USD 50 million in two-year loans.
    • According to the announcement released today, the company made USD 2.18 billion in revenue for the fifteen months ended December 31, 2012, while suffered a net loss of USD 69.2 million during the period.
    • Pou Sheng International Holdings Ltd. specializes in the retail sales of sportswear, distribution of licensed products, and manufacture and sales of original equipment manufacturing footwear.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: Consumer, Durables, China Stocks: PSHGY
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