|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.