IVD Medical secures hundreds of millions yuan loan

IVD Medical Holding announced its subsidiary Vastec Medical Equipment secured a medium-to-long-term sustainability-linked revolving syndicated loan totaling hundreds of millions of yuan, with a 12-month repayment term.

The syndicated loan was led by The Bank of East Asia Shanghai Branch to enhance liquidity and support business expansion.

The company also repurchased 166,000 shares for HK$609,140 on July 28, with prices ranging from HK$3.6 to HK$3.72, bringing total treasury shares to 1,721,000.