China Travel International Investment Hong Kong Limited has announced that it entered into a facility letter with a bank on 17 October 2025 for an uncommitted revolving loan facility of up to HK$500 million (or its equivalent in certain other currencies). Under the terms of the agreement, the bank retains the right to modify, cancel, or suspend the facility at its discretion, including calling for immediate repayment of outstanding amounts. The facility stipulates that China Travel Service (Holdings) Hong Kong Limited, the controlling shareholder, must maintain its position as the single largest beneficial shareholder holding more than 40% of the company, and that it remains ultimately owned by the State-owned Assets Supervision and Administration Commission of the State Council of China. All borrowed amounts must be repaid or reborrowed at the end of each interest period and in any event within one year of each drawdown, or earlier if demanded by the bank. As of the announcement date, CTS (Holdings) holds approximately 61.15% of the company's issued share capital.
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