Discloseable transaction - reverse factoring agreement
Filed with HKEX · Stock code 629 · · 4 pages · English
Summary by 6ix AI
Yue Da International Holdings Limited has announced a reverse factoring agreement with Xingbei Industrial, which involves providing accounts receivable financing and management services. The agreement allows Xingbei Industrial to access a credit limit for financing, effective from mid-October and expiring in late October the following year. This transaction is classified as discloseable under the Listing Rules, as it exceeds a certain percentage ratio.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Yue Da International Holdings Limited on 6ix
Earlier from Yue Da International
- Monthly Return of Equity Issuer on Movements in Securities for the month ended 30 September 2026
- Resignation of joint chief financial officer, company secretary and alternate authorised representative
- Appointment of alternate authorised representative
- Notice of the annual general meeting
- Yue Da International Holdings: 1. Proposed grant of general mandates to issue and repurchase shares 2. termination of the existing share option scheme, adoption of the new share option scheme 3. re-election of directors 4. notice of annual general meeting
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