Edition:
United Kingdom

Kingold Jewelry Inc's Unit Enters Trust Loan Agreement


Friday, 15 Dec 2017 

Dec 15 (Reuters) - Kingold Jewelry Inc ::SAYS ON DEC 1, CO'S UNIT ENTERED INTO A TRUST LOAN AGREEMENT OF RMB 1 BILLION WITH ZHESHANG JINHUI TRUST.SAYS EACH TRANCHE OF TRUST LOAN HAS A 24-MONTH TERM, STARTING FROM ISSUANCE DATE OF EACH TRANCHE - SEC FILING.SAYS STATED PURPOSE OF TRUST LOAN IS PURCHASING STANDARD GOLD RAW MATERIAL WITH FINENESS OF 999.9. 

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