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Datang Telecom to Apply for RMB 1 Bln Loan
Sina Tech, 9/30/09
Datang Telecom (600198.SH) issued a number of stock transaction filings today announcing that following the approval of the board of directors, the company will apply for a loan of no more than RMB 1 bln from the China Academy of Telecommunication Technology (CATT), with a time limit of no more than a year and an interest rate no higher than 10% below the standard bank rate for one-year loans. Read More
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