Gowin New Energy Grp - Loan Agreements Extension
RNS Number : 4255Z
Gowin New Energy Group Limited
17 May 2019
 

17 May 2019

 

Gowin New Energy Group Limited

("Gowin" or the "Company")

Loan Agreements Extension

 

Gowin New Energy Group Limited today announces that it has extended the repayment date of its unsecured Loan Agreements with four shareholders (the "Loan Agreement") who have supported the Company's development by providing funding for its general working capital purposes. The Company agreed with all four shareholders the terms of the Loan Agreements will remain the same with the exception of the extension of the repayment dates as follows:   

 

 

Shareholder Name

Loan Amount

Repayment Date

Interest Rate

SHU HSIANG WU

£125,000

6 November 2020

2% (per annum)

CHENG-FENG TSAI

£125,000

2 November 2020

2% (per annum)

CHIEN-MING CHENG

£125,000

3 November 2020

2% (per annum)

CHIH-FENG CHAO

£125,000

29 October 2020

2% (per annum)

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

The directors of Gowin New Energy Group Limited accept responsibility for this announcement.

For further information please visit http://www.gowingrp.com/gowingrp_en/index.php/ or contact the following:

Garry Willinge                            Gowin New Energy Group Limited          +852 9100 9972

David Scott / James Dewhurst   Alexander David Securities Limited        +44 20 7448 9820

 

 


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