December 7, 2016 / 9:59 AM / 8 months ago

BRIEF-Easyknit International updates on loan agreement

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Dec 7 (Reuters) - Easyknit International Holdings Ltd :

* Lender has conditionally agree to lend hk$63 million to borrower for period of 12 months from drawdown date

* Lender, a direct wholly-owned subsidiary of company, entered into loan agreement with borrower

* Borrower shall pay interest to lender on loan at rate of 8% per annum Source text for Eikon: Further company coverage:

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