Extrawell Pharma Extends Loan Terms, Seeks Approval

Extrawell Pharmaceutical Holdings Limited (HK:0858) has released an update.

Extrawell Pharmaceutical Holdings Limited has announced a major transaction involving the extension of a shareholder loan agreement and the provision of additional financial assistance. The company’s lenders have conditionally agreed to extend the repayment dates of the first loan by 36 months and to grant a new facility for a term of 60 months. These agreements necessitate shareholder approval due to their significant impact on the company’s financials.

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